Hello all
Setup:
Two examples of divergence > a bullish spike is overdue
Weekly low
Monthly low
Double bottom
Bouncing off support
Bullish bias
What more needs to be said? > I don't actually know because I'm a beginner but this appears to be a simple trade, maybe too simple so be careful of stop hunts and fakeouts. Any advice is appreciated.
Good luck
Vince / Vmoney
Setup:
Two examples of divergence > a bullish spike is overdue
Weekly low
Monthly low
Double bottom
Bouncing off support
Bullish bias
What more needs to be said? > I don't actually know because I'm a beginner but this appears to be a simple trade, maybe too simple so be careful of stop hunts and fakeouts. Any advice is appreciated.
Good luck
Vince / Vmoney