://www.tradingview.com/x/Sa2vQQey/
On the 3D chart we can see that when price action is oversold on the RSI and R% and has touched the 200 EMA it has bounced.
On the 2HR we can see that not only is it forming a falling wedge, but it is resting on support that was formed on march.
There is bullish divergence on the RSI and William R and in the macd histogram (hard to see in this graph).
Moreover, it is currently sitting in the Fibonacci golden pocket .
Interestingly the height of the falling wedge and a Fibonacci extension has the same price target of 100.
Like if you agree and please point out anything bearish about this play, so together we can all make money and protect it as well.
On the 3D chart we can see that when price action is oversold on the RSI and R% and has touched the 200 EMA it has bounced.
On the 2HR we can see that not only is it forming a falling wedge, but it is resting on support that was formed on march.
There is bullish divergence on the RSI and William R and in the macd histogram (hard to see in this graph).
Moreover, it is currently sitting in the Fibonacci golden pocket .
Interestingly the height of the falling wedge and a Fibonacci extension has the same price target of 100.
Like if you agree and please point out anything bearish about this play, so together we can all make money and protect it as well.
Comment:
Comment:
closed out of the wedge
