- Stoch bearish divergence forming
- time to retrace to fib
- 2 lower high's already made, expecting a 3rd one
- still hasn't broken the trend line
best to sell after validation of a bearish candlestick price action ( confirmation that our trend is still valid)
I post my idea's as a practice for myself to be able to go back to and see what i have done right or wrong, please do not take my idea's as a signal.
- time to retrace to fib
- 2 lower high's already made, expecting a 3rd one
- still hasn't broken the trend line
best to sell after validation of a bearish candlestick price action ( confirmation that our trend is still valid)
I post my idea's as a practice for myself to be able to go back to and see what i have done right or wrong, please do not take my idea's as a signal.
Comment:
Booked 20% profit, the rest is running