All indicators shows a buy signal, from 1 day to 1 month.
Just passed 38.2% fib retracement.
Showing major Support/Resistance dating back from 2005.
Waiting for a 3 candlestick confirmation.
Bearish Doji on the Daily, with it being overbought, on the MACD, Momentum, RSI, and SSO.
On the Weekly, its showing a bearish Divergence in the MACD.
I'm expecting a Head and Shoulders.
Putting in a Short when the Daily is showing me a red candle on the Heikin Ashi.
It is forming a Bullish Falling Wedge on the 4HR with the RSI being oversold(Top Two), Momentum(Bottom) and EWO(Under Chart) showing a buy signal with the MACD about to cross. Its also at the bottom of the Daily Support. Keep in Mind on the Daily it's forming a Bearish Rising Wedge, luckily the RSI shows a series of higher lows as a support.
My Buy Zone:
1st...
