Still following 4H trend line up. HA says buy.
1H HA says major sell PSAR saying buy - dancing around 4H SNR
15m HA, PSAR, MACD, MTFA HMA with bands (both), and MTFA-FAST all indicate sell.
I did a 1:2 risk reward ratio, but not sure to expect it to hit all the way there. It did break past a quarter line and could bounce off the 50 EMA
1H HA says major sell PSAR saying buy - dancing around 4H SNR
15m HA, PSAR, MACD, MTFA HMA with bands (both), and MTFA-FAST all indicate sell.
I did a 1:2 risk reward ratio, but not sure to expect it to hit all the way there. It did break past a quarter line and could bounce off the 50 EMA
Comment:
It did go down, but I didn't put a fibo on - it is RIGHT AT .618 so expecting it to turn
Comment:
Did a fibo on the 4H - it could be the start of a turn down to .638 - too early to tell.
Comment:
It also just passed the pitchfork media on 4H - could be a PAC to turn back up
Comment:
Should have gotten out when HMA bands line turned green, but this isn't a rule - have to wait until bands turn as well ... but this took it into the red. CLosed as I expect it to go back up now. 15m HA looks like it's changing.