I am providing my trades again. Those who followed me for a while may notice a few changes: 1) I've upgraded my TradingView account to the Premium level and 2) from now on i am mostly using Phoenix indicator donated to the community by D.Ward. You will get used to these indicators.
* We got a sell signal from 6H Blue LSMA, we need to see it going down * Daily White Energy is already exhausiting * 12H White Energy may cross level 50 betwen 3-4 April. This time period pointed on the chart via Red Vertical lines. The exact possible moment it may cross level 50 pointed via Red Dashed vertical line * I will use 90M chart to execute the trade. Once Green EMA crossed Red Rsi while Red Rsi is going down - my margin short will be opened * Targets for this possible trades are $27.6 and $26.6
I will be providing updated for this short-term trade every 6-12 hours.
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I am sorry, the chart is messed, so i've attached a screen shot
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*12H Energy is going down *1D Energy is nearing level 70 *6H Blue LSMA is going UP - We should continue moving up for a period of time. I think at least next 24 hours *For those who don't want to short, it might be a GREAT opportunity to buy the dip
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This correction happened while i was in a coffee shop, so i didn't have a chance to trade it. However the prediction and the time period were correct. Now we have to concentrate on buying opportunites when this downward move is over