We have moved down to the .382 retracement, but are moving
back up. This move up could be used as a second chance entry (short)
if desired. We have divergences on both the AO and 3/10.
By dropping down to a lower time frame, a reversal candle
pattern may be offered.
Divergences can aid these setups, and should be sought whenever
these are considered. Not mandatory, but certainly preferred!
back up. This move up could be used as a second chance entry (short)
if desired. We have divergences on both the AO and 3/10.
By dropping down to a lower time frame, a reversal candle
pattern may be offered.
Divergences can aid these setups, and should be sought whenever
these are considered. Not mandatory, but certainly preferred!