Bullish Divergence on shorter tf.
Taking Support from a Strong Trendline
around 14.50 which is also a Channel Botom.
Channel Top is around 21 - 22 but mid-way
resistance is around 17 - 18
So Good Entry would be is 16 is Crossed & Sustained
on weekly basis otherwise around 13.50 - 14.60
MM - House of Technicals
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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.
MM - House of Technicals
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.