AntaresScorpius
Junior member
- Messages
- 27
- Likes
- 0
A Three Little Indians-like pattern may be forming, especially if:
• There are three higher highs with decreasing momentum.
• The price is near the top of the channel.
• Indicators show signs of exhaustion.
• The MACD shows a possible divergence if the MACD line begins to decline while the price continues to rise.
• The Stochastics may indicate overbought conditions, suggesting that the uptrend is losing strength.
• There are three higher highs with decreasing momentum.
• The price is near the top of the channel.
• Indicators show signs of exhaustion.
• The MACD shows a possible divergence if the MACD line begins to decline while the price continues to rise.
• The Stochastics may indicate overbought conditions, suggesting that the uptrend is losing strength.
