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brpatel
Jun 7, 2018 4:13 AM

Distance yourself from the bear! Short

Ether / United States DollarCoinbase

Description

Hidden bearish divergence on ETH 240 chart. The next 2 of 3 candles should be RED. You may want to consider taking precaution.

FYI: This is a trading idea and not buy/sell advice. Combine with other indicators, analysis and strategies and as always trade your convictions and enjoy the ride.

Comment


Reviewing our progress, we see definitive trend. The prediction of 2 out of 3 red candles is now outdone as we are on our fifth consecutive red candle as you can see above. The 4 hour divergence is evidence we are heading into further bloodbath into the weekend. Take necessary precautions or capitalize on the predictions as you see fit.

Comment

Continue the divergence journey with my next idea
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