Top Down analysis for UJ. 4 hr has been creating an interesting pattern. 3 movements w/ consolidation and a reversal of the trend. Thinking another push to the upside to grab some buyers at 112.500 then a break of support over time
Bullish Flag test on Gold 15min very short term trade scalp
Testing out how the RSI acts in confluence with price action and trend lines. - RSI coming out from above-overbought area crossing below the middle line 50 - Rejection of trend line in current downtrend. A close below the EMA is where I would enter
watching for what happens at the cross over. Does it drop to .236?