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5014. RSI Diver play

RSI Diver in daily charts made to dissect hourly chart for intraday opportunity.
1. First opportunity Short at all time high with 1% risk (in equity with low qty).
2. Second short opportunity trade at open, if open and yesterday close are equal.
3.Third safe opportunity is trade at yesterdays low.

reasons for trade
1. RSI Diver in daily chart with significance of mac d divergence (*)
2.After making first all time high, price fells rapidly for 3 days, then made the 2nd all time time taking 12 days of time (weak high, as it as taken all time to hit 2nd all time high and moreover, it may similar behavior of wave B.

Challenge: volume on red bars is low and volume on green bar is high.
duration: for intraday only and not for positional trade.

Aviso legal