Hi Guys
Below my analysis:
Monthly: Price at support levels. OBV bullish divergence
Weekly: False breakdown with bullish MACD divergence (both histogram and lines). Nice OBV bullish divergence . RSI just crossed the 30 level
Daily: Fresh MACD lines bullish crossover. RSI above 50.
On the negatives: strong resistance just above current levels (13 EMA on the weekly and 50 EMA on the daily). Wednesday's OBV POC has not been washed out ...
Below my analysis:
Monthly: Price at support levels. OBV bullish divergence
Weekly: False breakdown with bullish MACD divergence (both histogram and lines). Nice OBV bullish divergence . RSI just crossed the 30 level
Daily: Fresh MACD lines bullish crossover. RSI above 50.
On the negatives: strong resistance just above current levels (13 EMA on the weekly and 50 EMA on the daily). Wednesday's OBV POC has not been washed out ...
Trade active:
Long @20.07
Trade closed manually:
Out @ 20.97