The Bank of New York Mellon Corporation
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Analyzing and trading stocks using Dr. Elder's Three Screen Meth

79
The first thing I do is analyze the weekly chart. Here I want to see price divergence to the MACD indicator
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Next, I go to the daily chart and want to see the divergence between the price and the indicator
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I then move to the hourly chart and look for the divergence here.
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The price has only risen a couple of points above the previous peak, but that's enough for me. I enter a trade when the bar is broken
BK
Сделка активна
the price activated my pending sell order
Сделка закрыта: достигнута стоп-лосс цена
The price has reached the stop loss. Indicators show the weakness of the bulls. I'm waiting for the right moment to go short.
Заметка
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The analysis is current, enter the trade when the candlestick marked with an arrow breaks through

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