“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC


Thursday, 14 April 2016

14 Apr 2016 - Triple Divergence

A triple divergence with a hint of a reversal doji today.  It would be prudent to wait for a reset if you want to go long.  While there is a chance of a higher high in price to come, the best place is to sit and wait.  I am waiting for an intra-day divergence that has not occurred yet.  This signal or a signal that pushes out of OB would be my exit point.

SEN: Bullish

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