Shorting based on :
1)Signal generated at the top of channel
2)RSI divergence
3) we are about to break a trendline
Short active once we break both trendlines, purple and dashed yellow.
to be on the safe side, wait for a candle to close below the 2 trendlines in 4 hour time frame.
1)Signal generated at the top of channel
2)RSI divergence
3) we are about to break a trendline
Short active once we break both trendlines, purple and dashed yellow.
to be on the safe side, wait for a candle to close below the 2 trendlines in 4 hour time frame.
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Chances of hitting the top is limited, but if we do this is what am expecting.
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