Bearish divergence on 1 hour RSI
It could bounce off the .5 fib level or the .618
.618 has stronger support however the rising trend line and .5 meet up, so we''ll see where is bounces
Short the market then go long
It could bounce off the .5 fib level or the .618
.618 has stronger support however the rising trend line and .5 meet up, so we''ll see where is bounces
Short the market then go long
Kommentera:
oh well
Kommentera:
I want to add that my initial analysis was wrong. The bearish divergence I saw was not actual bear divergence so that's why it did not retrace