Again, most indicators are leading to a correction; I'm going short.
With the recently tested 23.66 resistance, plus the blue downward-slopping warning line from the pitchfork, I'm guessing the price action in the next few days won't go above the 23.66 price point.
The hourly and daily lower indicators (macd, rsi, cci, slow stoch) are all showing a possible correction in the near future. I'm guessing till the start of May.
I'm noting the first reaction line is around that end time point, so it might reverse soon thereafter.
With the recently tested 23.66 resistance, plus the blue downward-slopping warning line from the pitchfork, I'm guessing the price action in the next few days won't go above the 23.66 price point.
The hourly and daily lower indicators (macd, rsi, cci, slow stoch) are all showing a possible correction in the near future. I'm guessing till the start of May.
I'm noting the first reaction line is around that end time point, so it might reverse soon thereafter.
Trade closed manually:
Time expired without either triggers. Good news is it was short after all
