I am waiting for a retest of the 4h50EMA. Im fucking pissed I missed my position. I was in after the 1st pink circle (those circles are retesting a resistance line) And to be honest I rushed placing the position and due to that I didnt establish my stop-well *something im generally really good at*, but anyway, it stomped me out after the 2nd retest, and then there was a 3rd!. after price action broke the bottom green trend line, and retested it (that line was on POINT!), she fell through. I wont enter (even through I could, but puts me at risk of over stepping my stop-loss) - wont enter until I get a retest of the 4H50EMA.
ALSO, there was a good divergence between price action and the MACD during those last 3 high tests (on the hourly chart only). Its actually a fucking super sweet setup. I didnt notice that divergence until now, but had i have seen it, i would have re-entered as it would have been the icing on the cake of confluence factors. it looks to go to be true, like my last relationship... why, why did she do that to me... I'll show her. you bitch!
ALSO, there was a good divergence between price action and the MACD during those last 3 high tests (on the hourly chart only). Its actually a fucking super sweet setup. I didnt notice that divergence until now, but had i have seen it, i would have re-entered as it would have been the icing on the cake of confluence factors. it looks to go to be true, like my last relationship... why, why did she do that to me... I'll show her. you bitch!