This is an analysis based of the strong support we are finding at 116.900.
Macd/Signal crossing 0 line will give us momentum for a breakout pivot. In return RSI will make a sharp turn out of sideways motion to breach overbought zone.
A break and continuation below this key support will trigger stop loss.
Please comment with thoughts and ideas. Thank you.
Macd/Signal crossing 0 line will give us momentum for a breakout pivot. In return RSI will make a sharp turn out of sideways motion to breach overbought zone.
A break and continuation below this key support will trigger stop loss.
Please comment with thoughts and ideas. Thank you.