MACD: Potential bearish divergence
RSI: divergence heading lower
Directional movement: +ve DI (blue crosses below black signal line)
-ve DI (red, waiting for a support for higher high)
My short is triggered 82.50. Stop loss once price break above wick high.
Since it is not the top of the channel, price could actually short up to 100
RSI: divergence heading lower
Directional movement: +ve DI (blue crosses below black signal line)
-ve DI (red, waiting for a support for higher high)
My short is triggered 82.50. Stop loss once price break above wick high.
Since it is not the top of the channel, price could actually short up to 100