Today, we got really close to the past resistance level
(around 9080). If we break that resistance up, it would implicate we're on a bullish
market. With that on mind, 9080 becomes the stop-loss for short entries. Now, in today's chart, we observe two things that might indicate a change in the current trend:
1) The volume bearish
divergence: higher high's, but lower volume
2) The RSI bearish
divergence: higher high's, but without higher high's on RSI
Now, with that in mind, if I observe a breakdown in the ichimoku cloud
, I'd probably go short in this asset.
Don't trade my strategy blindly, I'm nothing but an amateur. Keep your money safe. Good evening.