$HBI Nyse: Divergent & Overbought SORT movement
AN INTRADAY (4 HOUR TIME FRAME) HIGH POTENTIAL, BACK TESTED SORT ANALYSIS.
1) STOCHASTIC OSCILLATOR OVERBOUGHT CROSSING FOR SORT MOVEMENT.
2) TWO TOPS DIVERGED TO CCI OSCILLATOR FOR BEARISH MOVEMENT
3) EMA 17 BEARISH CROSSING
NOTE: ENTRY RANGE AREA BELOW THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES
NOTE: KINDLY NOTE THAT EXACT TAKE PROFIT AND STOP LOSS PRICES MAY BE VERY SLIGHTLY CHANGED AFTER THE CLOSE OF THE MARKETS.
DETAILS ON THE CHART
DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
1) STOCHASTIC OSCILLATOR OVERBOUGHT CROSSING FOR SORT MOVEMENT.
2) TWO TOPS DIVERGED TO CCI OSCILLATOR FOR BEARISH MOVEMENT
3) EMA 17 BEARISH CROSSING
NOTE: ENTRY RANGE AREA BELOW THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES
NOTE: KINDLY NOTE THAT EXACT TAKE PROFIT AND STOP LOSS PRICES MAY BE VERY SLIGHTLY CHANGED AFTER THE CLOSE OF THE MARKETS.
DETAILS ON THE CHART
DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
Trade active:
Take Profit and Stop Loss prices to remain as they are.
Kind regards.
Kind regards.
Trade closed: target reached:
