Sorry for my lack of terminology. Touching 1.618 extension and upper bound of trend line. Watch for strong rejction and flag for sell setup
Indicators are showing divergence which supports this explanation of structure.
Enjoy:D
Indicators are showing divergence which supports this explanation of structure.
Enjoy:D
Trade active:
5 min chart now showing same structure with same divergence
Trade closed: stop reached:
small L good news is its the s&p so doesnt move that fast