With today's close at 5274
we closed above Hour high ema and Day low ema with +ve divergence in hour charts still there , and Macd ( 34 5 5) gives a buy in hour TF .
I do not have any positions presently will wait for tomorow , I did short in the first part of the day , covered it around noon with a small profit .
Day charts 9 Rsi in OS region with hour charts showing +ve divergence .
on hour TF 5-10ema +ve crossover in place with the close ,
5 Day ema at 5283
Hour channel top also at 5282
DayHema at 5311
Fast MACD on hour TF , crosses over zero line .
Channel yet to be taken out ,
If we take out this channel top in tommorow's trading session , then it is a macd buy with +ve divergence .
All my obervations indicating towards a UP day tommorow . Lets see how we open .
Have a nice day !
we closed above Hour high ema and Day low ema with +ve divergence in hour charts still there , and Macd ( 34 5 5) gives a buy in hour TF .
I do not have any positions presently will wait for tomorow , I did short in the first part of the day , covered it around noon with a small profit .
Day charts 9 Rsi in OS region with hour charts showing +ve divergence .
on hour TF 5-10ema +ve crossover in place with the close ,
5 Day ema at 5283
Hour channel top also at 5282
DayHema at 5311
Fast MACD on hour TF , crosses over zero line .
Channel yet to be taken out ,
All my obervations indicating towards a UP day tommorow . Lets see how we open .
Have a nice day !