what can we see here?
i made 2 blue trendlines - one connecting candle bodies, other one connecting the wicks.
double bullish divergence spotted on MACD indicator on the daily timeframe.
first trendline was broken and retested. the retest was a good entry point.
other, higher trendline acts as a resistance. lets see if we manage to take it out.
trade safe.
i made 2 blue trendlines - one connecting candle bodies, other one connecting the wicks.
double bullish divergence spotted on MACD indicator on the daily timeframe.
first trendline was broken and retested. the retest was a good entry point.
other, higher trendline acts as a resistance. lets see if we manage to take it out.
trade safe.