Many people may laugh at me but I stand and follow strictly on my own TA.
I posted few days ago that Renko daily started giving another sell signal + bearish divergence.
The previous short trade was stop out as it was force to grab liquidity.
If you are familiar with HMA indicator, 50 HMA is the king of resistance in any timeframe.
Now in Japanese candle, falls back below HMA 50 and 100 one more time, confirming the starting of an intermediate downtrend.
Previous Post:
I posted few days ago that Renko daily started giving another sell signal + bearish divergence.
The previous short trade was stop out as it was force to grab liquidity.
If you are familiar with HMA indicator, 50 HMA is the king of resistance in any timeframe.
Now in Japanese candle, falls back below HMA 50 and 100 one more time, confirming the starting of an intermediate downtrend.
Previous Post:
