RDN looks like it is shifting from the 15min chart down to the 5 minute chart, i.e. 65ema close to being tested on 5 min chart. Now it would be the same setup but the target is obviously a lot less. Is this a sign the trend is running out of steam? Then we would need to wait for the retrace to the 65 ema in what ever larger time frame it settles at. That assumes the 65ema in the 5min holds up and it goes for a further run, if it breaks down then the first step would be the 15min 65ema for support.
I guess what I'm pondering is, as the trend progresses in a fast / exponential manner (daily chart) should failure in the smaller time-frames be noted as potential trend change warning signs.
