There's some pretty simple analysis that will show you that this is a time to long - you just have to draw your charts correct.
There have been 3 attempted breakouts of the recent channel, all of which have failed and brought us back into the channel. Each breakout is signaled by divergence on MACD & RSI, once the divergence is broken is a signal to initiate...
I'm back with a little bit of new analysis. It has been awhile, so I'm probably quite rusty.
Now is the time to take some profits. We can clearly see we are at a resistance level for the channel long term. We are also starting to see divergence on the 4-HR RSI with a second lower peak, both first and second above 80. MACD divergence forming. Last time we saw...
