Hi Guys,
In my previous post, several indicators pointed towards a bearish trend.
But like I always caution to wait until confirmed breakout, this is a best example of that.
Markets are super volatile right now and tend to have a several mixed signal.
use caution while trading.
1) Now the MACD turns positive
2) the raising wedge breaks positve
3) RSI show positive divergence
the one day chart also looks bullish.
cheers
In my previous post, several indicators pointed towards a bearish trend.
But like I always caution to wait until confirmed breakout, this is a best example of that.
Markets are super volatile right now and tend to have a several mixed signal.
use caution while trading.
1) Now the MACD turns positive
2) the raising wedge breaks positve
3) RSI show positive divergence
the one day chart also looks bullish.
cheers