MVP SYSTEM
this one is fairly obvious.
MOMENTUM- rsi broke from the triangle; sharply lower
VOLUME- not only was the volume light during this last move went upward, now there is a larger volume red engulfing candle
PRICE- as stated, large red candle. price broke below the topping area. and there is a smooth/rounded top here.
the weekly chart had a breakout to the upside; i suspect this move downward to be a pullback to the last support
this one is fairly obvious.
MOMENTUM- rsi broke from the triangle; sharply lower
VOLUME- not only was the volume light during this last move went upward, now there is a larger volume red engulfing candle
PRICE- as stated, large red candle. price broke below the topping area. and there is a smooth/rounded top here.
the weekly chart had a breakout to the upside; i suspect this move downward to be a pullback to the last support
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