by robbygarrick1
Say your market above example, the stoch did cross down about the 5 min chart, and when I looked at my 60 min chart, I notice that price recently bounced amazing 1st Level of resistance and right now there was a big spike wax luminous. This may be enough for me to have a short trade, now seeking the 5 min stoch line to go down from horizontal marks. Again I will stay in the trade using a reasonable stop, watching a turn as a result of the 5 min stoch line.
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