-ve divergence is invalidated in the hour charts Macd ( 34 5 5 ).
14 rsi and fast macd still showing the divergence .
Clear strength seen in hour charts , day charts , week charts and month charts. .
Trending Up with momentum in all TFs
.
5448 last top , and 5430-5450 major resistance ahead , lets see how prices behave around that level .
Today's closing also bullish , closed almost at day high 5431.
When indicators are at extreme reading ,then watch out for ORB ,it is a good guide .Hour TA is OB ,I will keep a watch on ORB, day TA started to form a -ve divergence. Keeping a watch on Macd(34 5 5) , divergence and orb
Also 5458 is 80% of fall from 5630 to 4770 .
14 rsi and fast macd still showing the divergence .
Clear strength seen in hour charts , day charts , week charts and month charts. .
Trending Up with momentum in all TFs
.
5448 last top , and 5430-5450 major resistance ahead , lets see how prices behave around that level .
Today's closing also bullish , closed almost at day high 5431.
When indicators are at extreme reading ,then watch out for ORB ,it is a good guide .Hour TA is OB ,I will keep a watch on ORB, day TA started to form a -ve divergence. Keeping a watch on Macd(34 5 5) , divergence and orb
Also 5458 is 80% of fall from 5630 to 4770 .
