- Price is now at the top of the resistance line - Candles are indicating a uncertainty and possible direction change - Signal line is moving towards crossing the MACD line - Histogram is weak and potentially going to turn bearish - Stochastic Oscillator is showing an overbought market
I have split the trade into 2 with two TPs which can be seen with the yellow line. Once TP 1 is hit, I will change my stop to a trailing stop loss.