Lets see where this goes. If i were to Purchase, I would wait for it to come back to the upwards trendline, go long, and trail my stop loss with trend line because I don't like the Stoch divergence. ALWAYS Let price come to where you want it before taking a trade. BE PATIENT and wait for the right set ups. make sure you see a high probability trade before you take...
Engulfing bullish candlestick in ADP.
ADP on the way to new highs at the break of 117.50
Bullish above, bearish below. Waiting for closing trend before trading.
ADP 101.27 looks double top formation. on Jan-31-2017 it had a GAP down fr 100.7 to 97.6 in 1 day.
A Bearish Cypher pattern has been detected on 60 min ADP chart, suggesting that we are going to be making moves to the down side. my stop loss is set at 99.54 and my first target is at 97.62, close to a 1:1 ratio, my second target indicated on the chart is 96.94.