ACL has nicely broken and retested, and prepping to confirm with a BOS. However RSI has come near its trendline. Tomorrow closing above it will be vital for price to appreciate to further!
Note
ACL has nicely retested the supportNote
ACL trying to clear 0.382 fib level, while bearish divergence on make.Trade closed: target reached
Bearish divergence made .. prices got corrected.. Keep an eye for lower RSI trendline.. Break below will be your strict stop loss
Trade active
RSI trendline respected and prices bounced above. Looking good for bulls. Keep an eye if prices appreciate suddenly there is a slight chance for another bearish divergence to be made
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.