RSI is in oversold condition
we can see some up trend forming but
before we brake trou first ressistance its just stand-by mode....
150 MA from support becames ressistance,and now price is too far away from it which is good for buyers ....this line works as magnet most of times so should expect price and Moving averige line to get closer,and 50MA blue line should be broken....
REMEBER that is still falling so wait to broke little down trend or that first ressistance.....
we can see some up trend forming but
before we brake trou first ressistance its just stand-by mode....
150 MA from support becames ressistance,and now price is too far away from it which is good for buyers ....this line works as magnet most of times so should expect price and Moving averige line to get closer,and 50MA blue line should be broken....
REMEBER that is still falling so wait to broke little down trend or that first ressistance.....
Trade closed: stop reached