Price has reached a point where:
It has started consolidating in a location which could be the second shoulder formation of a H&S formation (look left).
There is a decent fib cluster.
RSI has gone oversold & there is divergence present.
I will only enter IF :
Price breaks out of this consolidation with some momentum behind it. Should this occur, I will set a pending buy order on the highs of the consolidation.
It has started consolidating in a location which could be the second shoulder formation of a H&S formation (look left).
There is a decent fib cluster.
RSI has gone oversold & there is divergence present.
I will only enter IF :
Price breaks out of this consolidation with some momentum behind it. Should this occur, I will set a pending buy order on the highs of the consolidation.
Kommentera:
pending orders in place
Order avbruten:
unfortunately didnt get triggered into this one