Short term correction for another bull trend continuation.

٢٢ يناير ٢٠١٨

Short term correction for another bull trend continuation.
Price is currently testing at major resistance with strong RSI divergence on the Daily Chart with a potential Double Top forming.


For this week:
Short term Sell*
A potential counter-trend trade would be to take the trade on H4/H1 if there is a bear flag or a double top formation where the RSi shows Multiple divergence.

Will continue to monitor this through out the week.

٢٢ يناير ٢٠١٨

ملاحظة

We are at a very interesting level as mentioned.
RSI Div level is spot on.. time to wait for confirmation.

٢٣ يناير ٢٠١٨

ملاحظة

٢٤ يناير ٢٠١٨

ملاحظة

Possible regular flat.
Invalid if breaks through. Will re-assess later

٣ فبراير ٢٠١٨

أغلقت الصفقة: تم الوصول للهدف

TP hit. Out.