A few months back I shared this post:
It clearly shows price divergence with both momentum and volume, and this is considered a sign of trend reversal since the buyers are not willing to pay higher prices for the particular asset. Our trade was succesful and was followed by a significant decline.
Now we are back again, noticing the volume and momentum starting to fall while prices continued to climb higher.
Based on that my bias are short and i am anticipating a remarkable decrease in asset price.
Please give the chart a like as a sign of your support and make sure you leave any comments in the section below.
Best of luck to all trading DAX
God bless and happy trading
It clearly shows price divergence with both momentum and volume, and this is considered a sign of trend reversal since the buyers are not willing to pay higher prices for the particular asset. Our trade was succesful and was followed by a significant decline.
Now we are back again, noticing the volume and momentum starting to fall while prices continued to climb higher.
Based on that my bias are short and i am anticipating a remarkable decrease in asset price.
Please give the chart a like as a sign of your support and make sure you leave any comments in the section below.
Best of luck to all trading DAX
God bless and happy trading
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