Historically everytime RSI was this oversold, stock had a nice bounce/run ~ based on history expect a bounce to to $105 /// Additionally $75 seems like a strong support...I think bottom is in - I'm long Dec & Jan calls / not financial advice do your own research NASDAQ:CRSP
-If you could remember in the first week of this month I published an idea describing au is about to hike in many ways, now we have that moment again as the pair is retesting the major level again ! -Now we nearly have same scenario with RSI almost in oversold area. -Buying at current levels could still get you a pretty sweet deal especially if you aim for the...
-As you can see, the pair is having trouble breaking below a major demand area at 1.6800 , which isn’t surprising since it lines up with a 38.2% Fibonacci retracement, with RSI almost hitting oversold levels. -Based on the long wicks below the area, it looks like forex bulls are defending the support very well, Not only that, but a bullish divergence has also...
Please see annotated chart for details.
New long opportunity on EUR/USD after the previous opportunity didn't trigger. Please see annotations on chart for details.