Pros:
-RSI overbought
- MACD and Force Index divergence
Cons:
- Counter trend trade
Overall Trade Grade: 75% (9/12)
Trend: 0/3
MACD: 3/3
Force Index: 3/3
RSI: 3/3
-RSI overbought
- MACD and Force Index divergence
Cons:
- Counter trend trade
Overall Trade Grade: 75% (9/12)
Trend: 0/3
MACD: 3/3
Force Index: 3/3
RSI: 3/3
Note
Trade entered but prices rallied instead*Observations*
Bad Signs:
- MACD and Force ticking up in sycn with today's price. Could be a sign for bullishness
Good Signs:
- Overall Force Index is still lower per peak. (Observe 20 Sep, 22 Oct and 08 Nov)
- Recent prices are higher than the previous peak but MACD histogram is really low. (Observe 12 Nov and 23 Oct)
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.