TradingView
E_PLURIBUS_UNUM
Sep 8, 2020 7:35 PM

PNT...Correction is Over! Long

Description


price got to the prior support and with three bullish candle could back.
but,why i say correction is over ?
as i marked,bullish divergence occurred and significant point is it which this action in the end of retracement wave happened.and according to price movement in oversold area we can knew this signal valid.
in starting reversal we have "spinning top"candlestick pattern(marked with blue light), every candlestick pattern need to cinfirmation,and with today's candle we have it.
MACD and RSI still neutral .
Comments
InkyGrip
very nice analysis man! thanks!
It's my view
More