Doge Hidden Daily Divergence
In our recent pull back looking at the doge daily we can see that the wave trend indicator has put in a lower low but a significantly higher low on the price. Typically this is a solid continuation signal. Down side momentum should be slowing and possibly rotating up with a higher low.
The daily Vwap is also crossing back above the zero line which typically is the first indication of a reversal/continuation.
The first real sign of confirmation will be the money flow to begin curving back to the upside.
The daily chart posted has taken the bull high to the bear low as the range and split it into 1/8 increments.
Currently targeting a liquidity grab above the local high with possible continuation to the 3/8 macro retrace level (also a ABC measured move target) or possibly the macro golden pocket.
Trade Well...
The daily Vwap is also crossing back above the zero line which typically is the first indication of a reversal/continuation.
The first real sign of confirmation will be the money flow to begin curving back to the upside.
The daily chart posted has taken the bull high to the bear low as the range and split it into 1/8 increments.
Currently targeting a liquidity grab above the local high with possible continuation to the 3/8 macro retrace level (also a ABC measured move target) or possibly the macro golden pocket.
Trade Well...
Kommentar:
well...here we are