The bullish divergence outlined in the linked chart failed. I got out on breakeven, and sold this on Friday. I have a soft stop on this, but any decent advance and I'll probably take the loss and close out.
The weekly chart is in a downtrend, impulse is red
The daily made a breakout, a failed divergence, and the impulse turned red. This is bearish enough for a short. As for targets, I'm not sure yet.
The weekly chart is in a downtrend, impulse is red
The daily made a breakout, a failed divergence, and the impulse turned red. This is bearish enough for a short. As for targets, I'm not sure yet.
