Pending short, trend is changing

6 apr 2017

Seeing divergences on both RSI and MACD. Wait for a flag & break out of trend line. It will be easier to set a stop loss after the break out.

TP1: 49.5 area
TP2: 48 area

6 apr 2017

Nota

Still not break yet, the top might be retested.

7 apr 2017

Nota

I think the previous top needs to be broke before heading south. See what the weekly close will be tomorrow.

7 apr 2017

Nota

We have the new high, now it's bear's last territory.

10 apr 2017

Nota

Looks like weakness is generating, let's see if the trend is broke this time

13 apr 2017

Nota

Now could be a short setup