Currently -general downtrend, bottoming out on the daily lows (50% retrace)-notice the macd+rsi divergence against the general downtrend
-look at previous divergences when macd+rsi travel in the opposite direction
-flat lows, then reversal when macd+rsi diverge
- GAP filled above 50% retrace of march lows and beginning of bull run.
-~3 bounces around 50% retrace
-no more gaps to fill from rapid accent in Spring 2020
-one gap to fill
Also, where should i place fib and gaps: on the wick or candle?
Also, divergence around the top... a bit of a stretch?
-look at previous divergences when macd+rsi travel in the opposite direction
-flat lows, then reversal when macd+rsi diverge
- GAP filled above 50% retrace of march lows and beginning of bull run.
-~3 bounces around 50% retrace
-no more gaps to fill from rapid accent in Spring 2020
-one gap to fill
Also, where should i place fib and gaps: on the wick or candle?
Also, divergence around the top... a bit of a stretch?