Quote from: inca on December 10, 2015, 06:36:14 PM

Quote from: Tzupy on December 10, 2015, 04:30:52 PM

Quote from: Afrikoin on December 10, 2015, 04:22:22 PM

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Tzupy,

Curious, why are you bearish?

Because I believe this has run out of steam, and a correction (amplitude unknown) is due, but for now the little triangle broke up.
There is a bearish divergence in MACD in 1h and 2h, and soon the 6h PSAR (and then 12h) may flip to bearish.
Without the little pump that corrected lower than the start point, we would have an hour or two till the correction.
With the little pump, if there's going to be a correction, it will happen again while I'm asleep (I hope not).

Not sure how you can hope to be a good trader when you always pick one side of the trade by default. The price is the price and sometimes a quick glance at the chart tells you all you need to know - the line points up..

Trend is bullish when price is falling most of the time and bearish when it is rising most of the time