Trend is Down but MACD showing string upward momentum.
If there is a bounce at the confluence of Trend, 23/6 Fib, S&R with confirmation from MACD, then look for a retest before getting into the trade.
if breaks through 23.6 look for signs of a reversal and broken tend.
If able to watch approach to Take Profit and it looks strong take some profit, move stop up and let run to the bank.
If there is a bounce at the confluence of Trend, 23/6 Fib, S&R with confirmation from MACD, then look for a retest before getting into the trade.
if breaks through 23.6 look for signs of a reversal and broken tend.
If able to watch approach to Take Profit and it looks strong take some profit, move stop up and let run to the bank.
Note
Well I missed it. Gotta sleep when You have a real job. So it goes.....
At least I had the right idea.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.