Overnight, we had descending wedge on 15 min. There were 3 key buy signals:
1. wedge broke with closing price above trendline
2. RSI divergence confirmation (price 3 lower lows, rsi 3 higher lows and a higher high as confirmation circled)
3. stoch cross and bounce from oversold - circled
Invalidate this call with move below channel - currently 1192
1. wedge broke with closing price above trendline
2. RSI divergence confirmation (price 3 lower lows, rsi 3 higher lows and a higher high as confirmation circled)
3. stoch cross and bounce from oversold - circled
Invalidate this call with move below channel - currently 1192
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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.