UPDATE #2: Stopped out with small loss.
UPDATE #1: Trade is active now.
Hello Traders,
Here we have a hidden BEARISH divergence that is giving us a nice shorting opportunity with very little stop loss and potential of high reward. The analysis is pretty simple, market is making LHs and LLs, signifying the continuation of the downward trend. Market has...
After the complletion of the Bat Pattern last week, bears came crushing the bulls. However, the momentum of the selling pressure is decreasing shown by the colour differentiation in the candlesticks. This potential bullish trade does provide a lot in terms of technicals:
1. There is a hidden divergence in place which indicates a trend continuation.
2. A potential...