Then, how to read it?
What I have to do, only waiting for all of the line (RSI and Stochastic) in the 15 minutes and 4 hours time frame are crossing the (50) dots line of values.
Maybe, you will see the long (buy) signal because of you read it like the picture below :
Did you see the green block in the 15 minutes time frame? It shows us the long (buy) signal, right? Because I agree with you. But, just keep in mind that, trend is our friend.
The mayor trend line in the 4 hours time frame is still showing us the short (sell) trend, isn't it? Watch the green block in the 4 hours time frame.
Buy or Sell?
What I should do right now is only waiting for the trend of 4 hours time frame gives me the clear signal. It means, the RSI line should cross the (50) dots line of values, such as the Stochastic line. Then, Moving Average lines also should cross and make the up trend.Remember that trend is friend, not a foeNow, let's see what will happen after 3 hours left. I will show you the situation at 10:20 WIB GMT +7 Jakarta & Bangkok time. See the picture below :
How is it? It is save enough to open a price? What do you think?
If you asked me back, then I would wait a bit more, because the Stochastic line in the 15 minutes time frame is crossing down.
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