TLT: DERBY TIME
Bullish outside week candle stopped right at the first fib confluence and the down trending line from July 2013 highs.
Current path is bullish of course, after the doji of Dec 30 which gave a good entry, backed by bullish divergence.
Momentum looks overextended creating a hidden bearish divergence this time.
Interesting week coming.
Cheers,
P
Current path is bullish of course, after the doji of Dec 30 which gave a good entry, backed by bullish divergence.
Momentum looks overextended creating a hidden bearish divergence this time.
Interesting week coming.
Cheers,
P
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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.