Dislikedhere is my vision of last trade:
- trendline with 3 times HL
- hidden div (I know it is not a part of Mr Div strategy but anyway I use it to confirm the entry )
additionnally I am not sure that the div you spotted was really significative. On my side it was in the traffic. I prefer looking for more clear div and hidden div and zoom out a little bit. So I did not spot any div for this trade. Please correct me if required.
RegardsIgnored
I agree about the bouncing off the trend line etc.
This just wasn't a trade I was willing to jump into based on what I was seeing. I don't think there is any correction to be made to your thoughts and analysis. It was just not a good looking one from my standpoint. I am looking for the more juicy trades. Like the one that may be forming here soon with the uptrend continuation.
Time will tell.
Good trade and good analysis.