Last time this event happened on 4hr chart market bounced back
NOT ADVICE. DYOR.
Commento:
Commento:
Apart from waiting for the MACD histogram signal as in previous post to confirm the LO is in, we could see the 3 MACD signal lines rising before that is confirmed.
NOT ADVICE DYOR.
NOT ADVICE DYOR.
Commento:
Another way to comment on findings:-
Chart A: consistency has been broken on the 1hr & 4hr chart. Here's what happened last time. Reset? Or wait see next chart.
Chart B: when STOCH >95 with dual rising MA's price has revisited LO (blue horizontal) within 13 days. CAVEAT: 2020 stat. only
NOT ADVICE. DYOR
Chart A: consistency has been broken on the 1hr & 4hr chart. Here's what happened last time. Reset? Or wait see next chart.