This looks like a great short opportunity
Rising Diagonal - momentum divergence
61.8% fib retracement of previous high
Better price available than my earlier chart
For a less aggressive entry wait for the break out and correction
Hope this helps
Good Luck
Steve
Rising Diagonal - momentum divergence
61.8% fib retracement of previous high
Better price available than my earlier chart
For a less aggressive entry wait for the break out and correction
Hope this helps
Good Luck
Steve
Comment:
Aggressive entries will have been stopped out. This is an excellent learning point to wait for the break out before getting involved.
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