*Speculative play*
Adding on what seems to be a diagonal support - want to see a break out of the wedge to the upside. (If it drops below diagonal support - I would want to see the horizontal support hold)
Daily and 4hr hidden bullish divergence on the MACD and RSI
Stop is below the horizontal support
Target is the 1.618 fib extension as we're at ATH's
Last rally seen the top reverse at the 1.618 fib extension also...
Adding on what seems to be a diagonal support - want to see a break out of the wedge to the upside. (If it drops below diagonal support - I would want to see the horizontal support hold)
Daily and 4hr hidden bullish divergence on the MACD and RSI
Stop is below the horizontal support
Target is the 1.618 fib extension as we're at ATH's
Last rally seen the top reverse at the 1.618 fib extension also...
Note
Failed Trade
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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.