Having identyfied price slope at the daily chart
we may see that price has reached the upper quartile of a long term downslope median line
set and we should start looking for a sell setup to complete at that level. In MACD
we have a bearish
divergence showing this upmove is about to end and what i will personally look for is a breakout below the wedge
price is moving in, followed by a correction which when it ends with a new breakout i will join the shorts. I will update if anything interseting happens, so follow and like to get the updates..!
Valid slope median line