Hello everyone
Just noticed oil triple bottom on 4h chart. Macd is diverging. Divergence can stay for long time without any significant price move as it can just be a correction in time.
How to play it:
Wait for macd to cross over zero and chikou to clear past price candles. I'll buy some then with stop below triple bottom. Can be a good trade. Nothing to do for now but watch it.
Thanks
Just noticed oil triple bottom on 4h chart. Macd is diverging. Divergence can stay for long time without any significant price move as it can just be a correction in time.
How to play it:
Wait for macd to cross over zero and chikou to clear past price candles. I'll buy some then with stop below triple bottom. Can be a good trade. Nothing to do for now but watch it.
Thanks
