With Yellen still to speak it looks like a break back is on the cards.
Divergence on the TDI and volume not supporting up move.
Looking for the signal to go short on the 1h chart
Looking for the liquidity gap to close to the read arrow.
Divergence on the TDI and volume not supporting up move.
Looking for the signal to go short on the 1h chart
Looking for the liquidity gap to close to the read arrow.
Note
It still seems that we could first see a break down before we move up again
Divergence on the TDI and low volume on the ups spike
Note
Sorry just cleaned up the chart
Note
Head and shoulders formed.
Sentiment below 55 ma on TDI
Expect retrace to Kumo
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.