Note double bottom on RSI, 4h.
Nearly same price action move % wise at the beginning of current pattern. Channel being respected.
Watch for RSI to break key levels of resistance painted here on chart. Set alarms.
MACD showing some negative momentum exhaustion.
Basic trading ideas here.
Not advice. Just telling you what the indicators say.
As always, wait for confirmation.
Nearly same price action move % wise at the beginning of current pattern. Channel being respected.
Watch for RSI to break key levels of resistance painted here on chart. Set alarms.
MACD showing some negative momentum exhaustion.
Basic trading ideas here.
Not advice. Just telling you what the indicators say.
As always, wait for confirmation.
Took profit @ 212.53
Look for retest of channel.