As you see, we just hit a meridian of our shortterm uptrend channel which is at the same tame our 0.5 fib speed resistance fan. As we hadn't the waterfall for that uptrend I would comment: buy. But by beeing in our situation ppl are going to sell more and more as higher our fib level is. (that's are normaly the short-time trader taking their profit)
So, for the next minutes I'm neutral (if I seperate this TA from all my others), waiting to touch a higher lever to put more short order into the market.
Otherwise, if the market deside to break the channel befor I could set some more short order I will follow the trend.
(Ps: With the most of my stack I'm already short, but middle-term invested. This TA shows just some of my short-term moves. Short term I'm traiding smaller amounts)
Why the hell I'm middle-term invested in short?
Possible H&S formation, meridian of middle-term and long-term channel are hitting by the price at the same time just to crash after that. Ichimoku cloud and RSI confirms it....and so on.
More Infos you'll find here:
Possible H&S:
Hit the meridian of a long downtrend channel, for a crash
Channel diving with XABCD pattern
So, for the next minutes I'm neutral (if I seperate this TA from all my others), waiting to touch a higher lever to put more short order into the market.
Otherwise, if the market deside to break the channel befor I could set some more short order I will follow the trend.
(Ps: With the most of my stack I'm already short, but middle-term invested. This TA shows just some of my short-term moves. Short term I'm traiding smaller amounts)
Why the hell I'm middle-term invested in short?
Possible H&S formation, meridian of middle-term and long-term channel are hitting by the price at the same time just to crash after that. Ichimoku cloud and RSI confirms it....and so on.
More Infos you'll find here:
Possible H&S:
Hit the meridian of a long downtrend channel, for a crash
Channel diving with XABCD pattern
