Already in the trade since 29.1 Gap filled for today Respecting the 50 EMA just looking for further confluence to keep in the current direction.
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Looks to be at breaking point, gathering an M top with divergence.
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BAM! A Stop loss that allows the market to breathe is essential!
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The colour coded conundrum! I would expect another move down after the consolidation, maybe at 50 RSI However we have RSI Bullish Divergence already taken place, (is this DIV move complete? WE will break either way today.