depending on 1) the yellow trend price may use it as support line to retrace back
2) RSI is 37 , 3) ABCD pattern has ended
although the RSI shows a negative divergence which is a signal to sell but Stochastic didn't that's why i put the stop loss so tied
if price moves & close beneath the trend i will be short as twice much as i'm long now if not more .
we will see :)
2) RSI is 37 , 3) ABCD pattern has ended
although the RSI shows a negative divergence which is a signal to sell but Stochastic didn't that's why i put the stop loss so tied
if price moves & close beneath the trend i will be short as twice much as i'm long now if not more .
we will see :)