Short
Zaktualizowano

OCEAN/USD local top

Local top on OCEAN/USD

Reasons:
1) bearish divergence at RSI 70
2) CMF crossing zero line
Uwaga
3) rising wedge
Uwaga
Drilling down into the 6H chart, we can see more clearly what's happening.

Momentum waning, CMF clearly aiming to cross below Zero line.

snapshot
Uwaga
Backtest with weak momentum, still short:

snapshot
Uwaga
Drilling down into 6H
1) successful backtest
2) momentum looking weaker than before

snapshot

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