Oasis Network (ROSE)

On the above 3-day chart price action has corrected over 90% since the sell signal (not shown). Now is an excellent long trade. Why?

1) You know why.

2) Price action and RSI resistance breakouts.

3) Strong regular bullish divergence.

4) Price action prints a bullish engulfing candle on the golden ratio.

Is it possible price action falls further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: don’t know
Return: 70 cents

Trade active:

Price action confirmed GRM support on publication.

Comment:

Up 30% in eight short days. Amazing.

Trade active:

2nd GRM support confirmation.

Trade active

Trade closed manually:

Closed for the moment until price action reaches support.

2-day