Formation: Possible head shoulder.
Divergences in several indicators.
open short position on a strong day...
Comment:
st was a short position okay ( 4 weak days ).
Neck line was NOT broken. Ergo: upmove...
NOW again: overbought and vulnerable for a st correction.
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Neck line was NOT broken. Ergo: upmove...
NOW again: overbought and vulnerable for a st correction.