This has been brought to my attention, Macd looks pretty overbought here. Yellow line represents resistance area that may or may not hold. Will wait to see if the CM_Ultimate indicator confirms a real downtrend at some point on this view, if so then i'll get in on it.
DISCLAIMER;
Do set stop losses but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire.
DISCLAIMER;
Do set stop losses but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire.
Trade active:
Market did drop from resistance, currently in sell and watching market closely or further development.
