ESNT Short on Ascending Channel false breakout

2019年11月13日

Pros:
-RSI overbought
- MACD and Force Index divergence

Cons:
- Counter trend trade

Overall Trade Grade: 75% (9/12)
Trend: 0/3
MACD: 3/3
Force Index: 3/3
RSI: 3/3

2019年11月14日

ノート

Trade entered but prices rallied instead

*Observations*
Bad Signs:
- MACD and Force ticking up in sycn with today's price. Could be a sign for bullishness

Good Signs:
- Overall Force Index is still lower per peak. (Observe 20 Sep, 22 Oct and 08 Nov)
- Recent prices are higher than the previous peak but MACD histogram is really low. (Observe 12 Nov and 23 Oct)