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Descending channel being touch alongside with main trend on the daily chart
following the main trend, and alongside macd divergence
fading trend plus MACD divergence
shorting the top of the channel, alongside with the diverge of the MACD
Waiting for the current trend to fade.
I'm waiting for the current trend to finish in order to jump in and short it.
Downtrend still in place, waiting for it to end at the last point of the elliot correction to go long.
By the look of this divergence I reckon there is going to be an strong downside move.
Expecting a touch on the downward trend line to open the short Position.
There's a diverge in MACD which led me to think that there is a powerful move coming.
on the back of the trendline
on the back of the trendline.
looking good inside of that daily triangle. would have to wait a little bit of time to watch it happening.
Looking good inside of that triangle, rather wait for the break
gold broke the down trend line and has a smaller one going up, let's see it tomorrow after the FED.
everything seems to be in place for a nice short.
everything seems to be in place for a short
Descending part of an ascending channel.