A perfect Bearish divergence A perfect Bearish divergence occured on Daily when the Elder impulse system turned blue and allowed shorting (marked by the arrow)and it played out beautifully.
My entry was $1.36
Stop loss was local high @ $1.42 (5%)
It fell to $0.94
My initial Target for profit was $1.15 but then cancelled it and closed around $0.99 (26%)
