The negative divergence actually sorta played out but there hasnt been any follow through yet. Sill leaning towards a short move.
Notice how price is sitting right on top of a previous demand zone. This is an area where you would not want to sell directly into. Thats why its important to always look for a pullback. If it does not pull back and just runs off without you entering,. so what?
Keep in mind that is it ALWAYS better to miss a move them it is to be stuck in a bad move. There will be more set ups... but there might not always be your money!!
Notice how price is sitting right on top of a previous demand zone. This is an area where you would not want to sell directly into. Thats why its important to always look for a pullback. If it does not pull back and just runs off without you entering,. so what?
Keep in mind that is it ALWAYS better to miss a move them it is to be stuck in a bad move. There will be more set ups... but there might not always be your money!!