Thanks and well done on working out how to post ideas. Hope you liked the adventure. Hope you get rich :)
Just as a tip, the site values a good description as much as it does a good chart so it is always a good idea to add a reasonable description to accompany your chart. Doesn't need to be long. Just a sentence or two describing what you are seeing on the chart. The system will be more likely to rank it higher and users will also be more likely to follow and comment on your ideas if there is some good accompanying analysis.
It's a scalp trade. It's over bought, and on the long term side it appears to be a retracement. People are taught to short over bought markets, and buy on on over sold. I disagree. Over bought means the trend is strong, and vice verse. I trade overbought up, and sold down when scalping.
Just as a tip, the site values a good description as much as it does a good chart so it is always a good idea to add a reasonable description to accompany your chart. Doesn't need to be long. Just a sentence or two describing what you are seeing on the chart. The system will be more likely to rank it higher and users will also be more likely to follow and comment on your ideas if there is some good accompanying analysis.
From mod @zAngus