We got Daily Bullish Divergence on both the RSI and MACD and are at a potential Right Shoulder of an Inverted Head and Shoulders Pattern.
I would long here and set my stop below the last low.
Profit taking at the 38.2% Fibonacci retracement.
I would long here and set my stop below the last low.
Profit taking at the 38.2% Fibonacci retracement.
Trade closed: stop reached
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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.