A good indicator you can use to find tops and bottoms is momentum. Watch the chart if you see that the oscillator crosses into the red area we most likely formed a top. I usually wait for the cross then a small pullback to place my sell. So for now let the bulls do their thing.
As soon as momentum crosses the line and goes into the red zone I'll make an update to get ready to sell, just keep watching the line.
As soon as momentum crosses the line and goes into the red zone I'll make an update to get ready to sell, just keep watching the line.
Commentaire:
Did you'll see the cross? Now we wait for a retracement then sell or it can continue down on it's own.