huhu... time for short?Ignored
- Daily is still bearish
- 4h Macd is starting to cross into bull territory (may be confirmed at the end of the current bar) with up momentum.
So, if I am being a good student, I should wait for a 4 hr ret to the 5SMA and then look for a bear to bull turn on the 1hr to go long. TP=+300 since daily is still bear. If daily=bull, TP=+500?
Do I have that right? Any comments appreciated.