I know, in the Japanese candle chart it still look bullish in weekly chart but I won't buy now.
In this Renko T750 box size, you may realize, we are still below the white resistance trendline and also in weekly T1250 box size we are facing GMMA resistance band/below the band.
Look at what happened in the past, when prices hit the trendline and all indicators are overbought. I hope you understand what I mean.
Currently, I am standby to buy only when T750 stoch RSI reaches to the bottom. I don't care if the price suddenly goes up. I respect and trust my technical.
In this Renko T750 box size, you may realize, we are still below the white resistance trendline and also in weekly T1250 box size we are facing GMMA resistance band/below the band.
Look at what happened in the past, when prices hit the trendline and all indicators are overbought. I hope you understand what I mean.
Currently, I am standby to buy only when T750 stoch RSI reaches to the bottom. I don't care if the price suddenly goes up. I respect and trust my technical.
Comment:
Another reminder :) don't be a moonboy and respect the chart.