Entering trade if breakout above resistance level strongly, or show signs of finding resistance level as support (see details in the chart). Price have already broken cleanly out of the descending channel. The FG-Divergence "buy" signal triggered, hinting that we are entering a bullish phase. Need to wait for the "buy" signal from PRISM Signals to trigger as well.
The 3 Buy/Sell suggestion indicators used, Namely:
PRISM Signals
FG-DIVERGENCE [B/S]
CYBER ENSEMBLE
are detailed here:
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Also, if the price continues to break up higher, a bullish “W” pattern will be formed.
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Momentum dropping off though. Looks like it wants to follow the red-trend.
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PRISM:
Green Ichicloud ahead though. Probably comes back down to retest Ichicloud. If that's the case, looks healthy. :)