TF: 12 Hr
Need to see COMP break the trend line. Some bullish divergence can be seen on the MACD, however the RSI disagrees. I don't long positions until they agree if one is diverging. Based on one diverging, there is a possibility that a bullish move may be developing.
Need to see COMP break the trend line. Some bullish divergence can be seen on the MACD, however the RSI disagrees. I don't long positions until they agree if one is diverging. Based on one diverging, there is a possibility that a bullish move may be developing.
Note
Seeing some breakdown here...idea may be invalidated. Might see how the next week plays out
Note
COMP is chompin at the bit, looks like we are going lower. Divergence never played outNote
May start to see some upside here, MACD divergence is still present but has yet to play out. Note the RSI does not show divergence, I usually have confidence to enter if both show it. RSI, in my opinion, is more reliable
Note
Looks to be breaking out, still not much on the RSI, but the MACD is playing out
Note
When the horse sees the stable:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.