Look out for reversal as divergence are forming

14 Oca 2020

Likely that divergence is forming on macd. Wait for the next few h4 candles to close before making any conclusions.

15 Oca 2020

Not

Still very cautious about going long at this point

16 Oca 2020

Not

The setup changed a bit since there was no sharp downwards movement.
We could see some sideways movement while, macd falls and then one more push up but still with divergences on the macd. Then a big drop!https://

17 Oca 2020

Not

This is playing out exactly as expected. The price is crawling upwards but MACD still showing divergence.

19 Oca 2020

Not

We now broke the trend line and further downside is to be expected.