Short term correction for another bull trend continuation.

Jan 22, 2018

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.

Jan 22, 2018

Note

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

Jan 23, 2018

Note

Jan 24, 2018

Note

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

Feb 3, 2018

Trade closed: target reached

TP hit. Out.