Chart is setting up nicely for a move down, this time we've got bearish divergence as shown by the yellow lines on the chart and stochastic. My take profit is marked by the green dotted line, could go lower but this is a conservative place to close the position.
We've also got spinning tops forming under 3 major Moving Averages, shown as 240, 100, and 50 Day.
See my previous published divergence trades for past setups.
We've also got spinning tops forming under 3 major Moving Averages, shown as 240, 100, and 50 Day.
See my previous published divergence trades for past setups.