Tools:
EMA's 8/13/21/55 (scalp)
MA's 10/20/50/100/200 (swing trade)
RSI , MACD , VOLUME , FIBONACCI,DIVERGENCE
STANDARD PIVOTS , CANDLES, TRENDLINES ,
Weekly:
-checking i price is able to hold the 20WMA
-if it falls from there i am looking at the middle of the channel where there is a converge zone (golden pocket of the previous move up and 1.38-1.44 fib extension of the initial move up)
-if it falls further from that area we will probably see a new low
-sell volume seems to go down but the trade volume involved is similar to when was listed
-MACD crossed up which could indicate further movement up
-RSI seems unable to break the 50
Daily:
-i am looking at the price action around the 200DMA area to understand what could happen further although i think we will see a rejection
Not financial advice.
EMA's 8/13/21/55 (scalp)
MA's 10/20/50/100/200 (swing trade)
RSI , MACD , VOLUME , FIBONACCI,DIVERGENCE
STANDARD PIVOTS , CANDLES, TRENDLINES ,
Weekly:
-checking i price is able to hold the 20WMA
-if it falls from there i am looking at the middle of the channel where there is a converge zone (golden pocket of the previous move up and 1.38-1.44 fib extension of the initial move up)
-if it falls further from that area we will probably see a new low
-sell volume seems to go down but the trade volume involved is similar to when was listed
-MACD crossed up which could indicate further movement up
-RSI seems unable to break the 50
Daily:
-i am looking at the price action around the 200DMA area to understand what could happen further although i think we will see a rejection
Not financial advice.