Price descended to 80.3 support area with bullish divergence.
This descent can be captured in a descending channel,
But the descending channel has been broken long(up), recently
...followed by formation of cup and handle, or perhaps inverse H & S.
These are confluence of bullish indicators, nevertheless, I'll wait for my entry signal.
This descent can be captured in a descending channel,
But the descending channel has been broken long(up), recently
...followed by formation of cup and handle, or perhaps inverse H & S.
These are confluence of bullish indicators, nevertheless, I'll wait for my entry signal.