- The FAT A$$ barrier we are currently sitting underneath
- TK KJ slight divergence (no sign of uptick into the KJ by the TK anytime soon)
- Proximity to the red kumo
- NOT in the oversold range thus giving me confidence that price is truly reflected currently
I will start to gain optimism when I see the double take a favorable yellow line cross upward over the zero line, begin to creep towards middle mark, TK angle upward and finally the price action enter the blob of resistance.
In short, RIP for now. No further action on this one.