Confirmation that the MACD crossed above the signal line. This is a bullish momentum.
The RSI level may be heading to the overbought region, but on the 30 minute timeframe, the RSI level is not.
This is a trading idea for the remainder of the day (Central Time).
In terms of the Bollinger Band, the candle hit the lower bollinger band, which is indicated in a red circle. So we should be expecting a reversal in price.
THIS IS NOT FINANCIAL ADVICE. ALWAYS DO YOUR OWN RESEARCH.
Trade closed: target reached
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Traded within the projected area as expected. Making this a short-idea to be closed.