Spinning top at MPR1 and not even able to pierce upper Bollinger band + SMIIOC signal cross down, STC in OB showing time has come to focus on finding a PA pattern to enter SHORT, and Roïd BB exceeding OB zone and pulling away from its volatility upper band --> all signs of an impending pullback.
If not, expect consolidation and a reset of all studies to their 0-line or bottom area. If so, then you know it's time to look for continuation long entries. But has not happen yet.
Good luck.
If not, expect consolidation and a reset of all studies to their 0-line or bottom area. If so, then you know it's time to look for continuation long entries. But has not happen yet.
Good luck.
Comment:
my bad, not a spinning top, but inverted hammer.
Comment:
OK TP reached.
