Price is holding above a diagonal trendline support whilst RSI has been holding below a diagonal trendline support.
The price is at a key resistance level now and looking ready to break and hold above. The RSI is ready to break and hold above the trendline as well.
Put these two together and it seems very likely we are about to see a move up.
Any dips the price makes towards the trendline should be bought.
The price is at a key resistance level now and looking ready to break and hold above. The RSI is ready to break and hold above the trendline as well.
Put these two together and it seems very likely we are about to see a move up.
Any dips the price makes towards the trendline should be bought.
Comment:
Trade is on and price is moving up!
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