Here is the second lower time-frame 60 minute with my idea of how this trade will pan out if the trade is not broken with a break in bearish divergence off the daily.
Here is the lowest time-level chart the 30-minute chart.
This blog is in two parts, one my thoughts on the market and two, develop a trade strategy that I’m calling “Divergence Trade of 3’s”. This is my attempt to bring everything I’ve learned into a tradable system. Taking the key importance of things like Elliot Wave Principle, Fib retracements, Indicators (CCI, MACD, STO, ADX, RSI), Trends or Channels, Trade zones, Divergence and most important the relationships of different time frames I am going to attempt to tie them together.
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