Shorting based on :
1)Signal generated at the top of channel
2)RSI divergence
3) we are about to break a trendline
Short active once we break both trendlines, purple and dashed yellow.
to be on the safe side, wait for a candle to close below the 2 trendlines in 4 hour time frame.
1)Signal generated at the top of channel
2)RSI divergence
3) we are about to break a trendline
Short active once we break both trendlines, purple and dashed yellow.
to be on the safe side, wait for a candle to close below the 2 trendlines in 4 hour time frame.
Comment:
Chances of hitting the top is limited, but if we do this is what am expecting.
Trade active
Comment:
Comment:
