Playing a relief rally up towards gap fill, 0.5 fib extension and 200 Day MA. This could hopefully form a potential H&S pattern.
Along a horizontal support and has just bounced off a well tested diagonal support.
Daily RSI and MACD showing hidden bullish divergence.
Target = Gapfill/0.5 fib extension/200 Day MA
Stop = A close below diagonal support. (Take caution with a close under horizontal support)
Along a horizontal support and has just bounced off a well tested diagonal support.
Daily RSI and MACD showing hidden bullish divergence.
Target = Gapfill/0.5 fib extension/200 Day MA
Stop = A close below diagonal support. (Take caution with a close under horizontal support)