TP,
Where was an oscillator call at all, on your 30min chart?
%D moved from out of OB region, after staying for 8 bars in OB zone.
So, that was not a signal to sell - as per ST's qualifiers.
The only indication, according to me was the price action. If you take 30min
chart, it made a low (9:45), couldn't make a higher high, instead - made a
lower low (12:15). With this, the uptrend was doubtful.
On a 5min chart, the stoch gave a clear sell signal at 13:15 and yes! it was
the ultimate 140+ points signal !!
Where was an oscillator call at all, on your 30min chart?
%D moved from out of OB region, after staying for 8 bars in OB zone.
So, that was not a signal to sell - as per ST's qualifiers.
The only indication, according to me was the price action. If you take 30min
chart, it made a low (9:45), couldn't make a higher high, instead - made a
lower low (12:15). With this, the uptrend was doubtful.
On a 5min chart, the stoch gave a clear sell signal at 13:15 and yes! it was
the ultimate 140+ points signal !!