I have been watching SNOW on hourly chart for a week.
This week it is just trading weekly S3 pivot (camarilla)
My rsi strategy triggered buy earlier and now it triggered add position
There is divergence in momentum ( bottom indicator on the chart) , price is coming down near S3 , but momentum indicator is going up
Momentum indicator also has squeeze feature(by LazyBear) … on this indicator it shows that squeeze has just released. (Red crosses on the middle line turned grey/blue)
All these confirms upside prediction
This is not a recommendation, it is just published for education purpose. Please do your research before taking any position on this.
This week it is just trading weekly S3 pivot (camarilla)
My rsi strategy triggered buy earlier and now it triggered add position
There is divergence in momentum ( bottom indicator on the chart) , price is coming down near S3 , but momentum indicator is going up
Momentum indicator also has squeeze feature(by LazyBear) … on this indicator it shows that squeeze has just released. (Red crosses on the middle line turned grey/blue)
All these confirms upside prediction
This is not a recommendation, it is just published for education purpose. Please do your research before taking any position on this.