Corto

OCEAN/USD local top

Actualizado
Local top on OCEAN/USD

Reasons:
1) bearish divergence at RSI 70
2) CMF crossing zero line
Nota
3) rising wedge
Nota
Drilling down into the 6H chart, we can see more clearly what's happening.

Momentum waning, CMF clearly aiming to cross below Zero line.

imagen
Nota
Backtest with weak momentum, still short:

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Nota
Drilling down into 6H
1) successful backtest
2) momentum looking weaker than before

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Technical Indicatorsoceanrsi_divergenceTrend Analysis

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