BSV Pushes up against resistance and is ready to pop
BSV is trending up
We have multiple tests of a clear resistance level
Candles are getting smaller as bears start to fade
The MACD is convergent, but only just
MACD is convergent on the daily
It's too close for me to call, I'm not taking this trade. But it just might explode upwards.
Protect your stops.
We have multiple tests of a clear resistance level
Candles are getting smaller as bears start to fade
The MACD is convergent, but only just
MACD is convergent on the daily
It's too close for me to call, I'm not taking this trade. But it just might explode upwards.
Protect your stops.
Comment:
Trade idea invalidated as we didn't break the support level. Will keep an eye on this level for future set ups.