Unless it reverses and gives a buy signal I wont get a rentry signal. CCI is and ewo are both already in sell mode and the price remains under the pivot wich is 1.2805.
I am going to use a different entry method on this one. I have fibo arches, OsMa, and rsi for signal.
Moving Average of Oscillator(OsMa) is the difference between the oscillator and oscillator smoothing. settings-21,13,34. It gives a little bit different signal. In this case it will react quicker to small changes.
The fibo arches take into account time.
And Rsi to give signal on break and retest of rsi's trend line.
Heres chart on the setup.
Dave
edit: notice how in this move and time frame the significance of the fibo's 50% had even consilidation on it and 38.1 and 61.8 fibos offer current support and resistance.
I am going to use a different entry method on this one. I have fibo arches, OsMa, and rsi for signal.
Moving Average of Oscillator(OsMa) is the difference between the oscillator and oscillator smoothing. settings-21,13,34. It gives a little bit different signal. In this case it will react quicker to small changes.
The fibo arches take into account time.
And Rsi to give signal on break and retest of rsi's trend line.
Heres chart on the setup.
Dave
edit: notice how in this move and time frame the significance of the fibo's 50% had even consilidation on it and 38.1 and 61.8 fibos offer current support and resistance.
Attached Image