Look at the BABA setup on hourly chart, it looks nice for Long setup
1 & 2 : divergence ... price is going down but vwma slope is going up
3 : vwma slope broke previous pivots trend line
4: once slope broke above (3) , price gapped up
Let me know what you think about this setup ...
1 & 2 : divergence ... price is going down but vwma slope is going up
3 : vwma slope broke previous pivots trend line
4: once slope broke above (3) , price gapped up
Let me know what you think about this setup ...
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