MACD cross over and oversold RSI at strong support level at 1300-1310. along with inverse head and shoulder pattern forming. Expecting a move to 1380 minimum if pattern is completed, especially with uncertainty in risky assets.
Note
going well so far Note
Some resistance today at 1335 which is completely normal and was expected. Could possibly see small pullback of $8-$10 which would take us to $1322-1324. From this point we can add longs and take it to newer highs hopefully.Note
It's likely the time for the move
Note
Price retrace back to trend-line and bounced off it
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.
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.