user2839409

user2839409

hey. s&p is creating a lower low, then as buyers surpassed the previous low, buyers proved themselves, they likely will go to the previous high and create a higher high as price 'breathes' how high? i dont know, breakeven at previous high and attempt a 1:4 look at this chart on 5m timeframe , then divergences will make sense as confluences, we dont care about...

user2839409

Broke multiple bearish continuations. Typically cycle violently breaks from pitchfork. Advanced rsi momentum break observation. A great stop behind volitile buyers.