This is a 3rd follow up on market since hitting the resistance line in yellow and continue to hold after bouncing off 50 EMA line, that line is now broken and if you followed this trade from the beginning, you should be in decent profit. If so, you can get out here, I plan to stay on further to see what happens as this was an experimental sell for me anyway so may ultimate interest is not to make money personally.
Btw the white line in chart represents the zero line for the MacD incorporated inside the CM_Ultimate_MacD and is not to be mistaken for the resistance line in yellow on chat.
DISCLAIMER;
Do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire.
Btw the white line in chart represents the zero line for the MacD incorporated inside the CM_Ultimate_MacD and is not to be mistaken for the resistance line in yellow on chat.
DISCLAIMER;
Do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire.
Comment:
Forgot to note that it is inside the ichimoku cloud now and as you can see, the drop has been indicated in the CM_Ultimate_MA finally in this view (1H)
