Dentalfloss
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price has moved up above the trendline on a lower chart.however,watch the reetrace.it must stay above the trendline.there is overhead res at 4270 and 4280
price should now definitely stay above the downtrend line,uneless there is a huge retrace.ftse sometimes spikes when dow futures do the same
I bealive in a retracement to 4270..
Possible Regular divergance forming here. Would like to see Candle pattern at the top. Perhaps Shooting star or Doji.
Going short at 4305. 5 lotes.
Good Short mate.
looks to me that this could just shoot up and go long again at any moment.
There was still Hidden Divergence at the day high. nice trade if you weent short at the top.
The reason for not going short was the hidden divergence. I will now be looking to get short on a pullback.[/QUOTE
i meant regular as on my chart.
The reason for not going short was the hidden divergence. I will now be looking to get short on a pullback.[/QUOTE
i meant regular as on my chart.
When I checked your chart I assumed thats what you meant.
Short 90