- Rejection and bounce back of bottom of long term trend
- Reacting nicely off 0.786 fib level
LOOKING TO BUY IF FOLLOWING CONDITIONS ARE MET;
- Close above 0.786 fib
- Close above 20 EMA (moving support)
EXTRA CONFIRMATION;
- Bullish candlestick
- RSI pointing up
- Reacting nicely off 0.786 fib level
LOOKING TO BUY IF FOLLOWING CONDITIONS ARE MET;
- Close above 0.786 fib
- Close above 20 EMA (moving support)
EXTRA CONFIRMATION;
- Bullish candlestick
- RSI pointing up