Hello Traders,
Price have broken out of the uptrend and fallen below the 50 MA creating a lower low.
Currently awaiting conformation in form of a bearish candle and a close below the T-Line to go short.
Stochastic is also creating a short divergence in overbought conditions indicating a change in price is about to occur.
Good Luck and Happy Trading :)
Price have broken out of the uptrend and fallen below the 50 MA creating a lower low.
Currently awaiting conformation in form of a bearish candle and a close below the T-Line to go short.
Stochastic is also creating a short divergence in overbought conditions indicating a change in price is about to occur.
Good Luck and Happy Trading :)
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