Stochastic overbought MACD is yet to confirm the move further down *Risk management is more important than the strategy*
Still got legs to the downside? Stochastic is still in overbought MACD lagging behind
MACD bearish and slow stochastic bearish *Risk management is even more important than the strategy*
Stop loss placed by the last double bottom Upside potential playing out?
The price has created a double top MACD and Stochastic oscillators have created a bearish divergence
Both the MACD and Stochastic have crossed for bearish signal.
Double top unfolding Stop loss 1ATR above the highest high
Stochastic created a divergence MACD yet to confirm bearish signal SL:11.78 TP:10.45 RR:3
The stochastic has crossed for bearish signal and MACD is poised for cross under.
Given the double bottom the price has created and a bullish MACD divergence is developing.