closed my short @ 88.60... took a small long @ 88.65 on 4hr rsi divergence. Looking for 89.10, stop @ 88.40. Good trades to all!!!
Dislikedclosed my short @ 88.60... took a small long @ 88.65 on 4hr rsi divergence. Looking for 89.10, stop @ 88.40. Good trades to all!!!
DislikedOn my phone, can't attach a chart. 4hr has nice rsi divergence, so I took the trade.Ignored
DislikedI think this is what he is talking about, see chart below.
Dislikedtheory: for divergence, it should be price low versus oscillator low ... u had drawn peak versus low ... a bit confused here .. or is this the hidden version ...?
please correct me.Ignored
Positive divergence occurs when the price of a security makes a new low while the indicator starts to climb upward.
DislikedStill in from 8870, no trail yet...took another short at 8845, 8790 targetIgnored
DislikedMind sharing why you think 8790?
Keep in mind this is for the immediate term.
I've been short since yesterday afternoon, sort of looks like a bear flag forming on 15m, I'll be confident in staying a bear as long as we dont break 8870ish, would like to ride this down to 88ish area, looks like it is near the top of its channel right now (can't post a chart right now).Ignored
Disliked...price had closed to a new low for the week with good deviation/increase in candle body and high/low range...8790 was the 4hr pivot extension I was looking at, based on my rules...don't think it could make it further then that for my timeframe...if it gets just above 50% in profit, I will trail...Ignored