ACL has nicely broken and retested, and prepping to confirm with a BOS. However RSI has come near its trendline. Tomorrow closing above it will be vital for price to appreciate to further!
Comment:
ACL has nicely retested the support
Comment:
ACL trying to clear 0.382 fib level, while bearish divergence on make.
Trade closed: target reached:
Bearish divergence made .. prices got corrected.. Keep an eye for lower RSI trendline.. Break below will be your strict stop loss
Bearish divergence made .. prices got corrected.. Keep an eye for lower RSI trendline.. Break below will be your strict stop loss
Trade active:
RSI trendline respected and prices bounced above. Looking good for bulls. Keep an eye if prices appreciate suddenly there is a slight chance for another bearish divergence to be made