So you`re probably thinking why you should even read any further and here is why
Yeah that was the last dip from 7400. I took my profits then and there because I did not believe we would have a drop of 1100$ in 16 hrs but whatever. Win is a win.
Lets see my analysis which i made on the 4th of 5th of August just a day before the dip.
So what I am looking for are the same indicators shown on previous pictures for my next move. We can often recognize when something is changing and I am looking at my 4H RSI levels. Also looking for these small closing candlesticks or a huge move up or down with a small body and big tail.