Traders,
This is a short signal on the channel.
Because C is he highest point hitting channel.
Rsi div on C too.
We would assume this is a reflection point on the channel and short it to another reflection point as first target.
If price drop down deeper to break the channel, you will glad that you have such great entry and should hold it till another ABC appear.
Otherwise, short it again when price retouch the channel.
Less is more!
This is a short signal on the channel.
Because C is he highest point hitting channel.
Rsi div on C too.
We would assume this is a reflection point on the channel and short it to another reflection point as first target.
If price drop down deeper to break the channel, you will glad that you have such great entry and should hold it till another ABC appear.
Otherwise, short it again when price retouch the channel.
Less is more!
Comment:
waiting for entry .
Comment:
Comment:
RSI DIV alone the channel.
Watch out!
Watch out!
Comment:
the reasons to short similar to GOLD.
But dont try it without sl.
But dont try it without sl.
Comment:
this reflection point has a small 3-wave channel too .
