This is an intraday strategy I am opening up. I may add onto this position.
Our momentum indicators, MACD and TSI are signaling a heavy consolidation of price action.
We broke underneath our Keltner Channel and have entered back into it, a sign of a potential price reversal.
Even though we're under our 200-day EMA, we've seen similar price reversals happen from this point in past price action.
Our RSI is heavily undervalued on multiple chart times.
Our momentum indicators, MACD and TSI are signaling a heavy consolidation of price action.
We broke underneath our Keltner Channel and have entered back into it, a sign of a potential price reversal.
Even though we're under our 200-day EMA, we've seen similar price reversals happen from this point in past price action.
Our RSI is heavily undervalued on multiple chart times.
