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 @20.07Trade closed manually
Out @ 20.97
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.