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Re: MACD&RSI

macd & rsi, Mon Aug 03, 2020 4:13 pm

macd & rsi wrote: Tue Jul 28, 2020 3:03 pm

H1 shows a remarkable divergence ,,, so I expect price has a correction to 106.30-106.10 ,, which is 50% fibo level , old support line now changes to resistance area ,, and SMA 21 ,,

I do not close my position , ,, lower my stop to 107.50 ,, and follow the bearish wave .
Price reached that resistance area ,, but bbsqueeze is very bullish ,, I am waiting for good entry point ,, those sharp moves most of the time ,, are not profitable for retail traders like me . So I should stay away , and waiting for calm market .
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