TF: 12 Hr
Need to see COMP break the trend line. Some bullish divergence can be seen on the MACD, however the RSI disagrees. I don't long positions until they agree if one is diverging. Based on one diverging, there is a possibility that a bullish move may be developing.
Need to see COMP break the trend line. Some bullish divergence can be seen on the MACD, however the RSI disagrees. I don't long positions until they agree if one is diverging. Based on one diverging, there is a possibility that a bullish move may be developing.
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Seeing some breakdown here...idea may be invalidated. Might see how the next week plays out
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COMP is chompin at the bit, looks like we are going lower. Divergence never played out
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May start to see some upside here, MACD divergence is still present but has yet to play out. Note the RSI does not show divergence, I usually have confidence to enter if both show it. RSI, in my opinion, is more reliable
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Looks to be breaking out, still not much on the RSI, but the MACD is playing out
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When the horse sees the stable: