Bearish Crab.
Parabolic Sar getting closer to reversal.
RSI is in overbought territory.
Stop Loss - 1.90964
Short Entry - 1.90556
Target 1 - 1.87811 (6.8 to 1)
Target 2 - 1.86145 (11 to 1)
GILD - 3 min intraday chart. Indicators: Squeeze Momentum, Parabolic Sar, and VWAP
These are new indicators for me, so I did this to help me to interpret and utilize them to execute an intraday trade.
First, here is a brief overview of the Indicators used in this chart.
The Squeeze Momentum Indicator is made up of 2 components: Graph Columns and Stars.
The...