A large Megaphone structure is apparent on ROP This pattern has been continuing since 2013 Price will likely stay within this megaphone due to its age, meaning a move down on this 9H chart Long term however this pattern is very bullish
Consolidation is broken upwards with the minimum target level around 545.
Weekly There is a bearish divergence on the weekly, although not very pure. I expect this to pullback to the slow EMA and further to -1 ATR, a support level of the uptrend Daily There is a bearish divergence here as well, impulse has become blue now. There is a divergence on MACD-H and EFI. Stochastic RSI is turning down, coming from an overbought...