Price has beautifully tested the bullish support trend line and MACD is showing Bullish divergence with a higher low.
Entry placed above yesterday's low test candle. Price may be tested at the bearish trend line just above the 50 EMA, but if it breaks through we will ride this all the way to last high in January.
Entry placed above yesterday's low test candle. Price may be tested at the bearish trend line just above the 50 EMA, but if it breaks through we will ride this all the way to last high in January.
Comment:
This set up has been abandoned. Price broke through support and has just closed with a high test, MACD no longer bullish.