Along with MACD, there is Bullish divergence on the momentum indicator too with the price forming lower low but the momentum forming higher low.
Trend is expected to reverse soon, from downtrend to uptrend. This may be a good time to start accumulating.
I posted it in my analysis here:
MugeesAhmed
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still waiting
HasaAsk
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@MugeesAhmed, yes still inside triangle i dont buy breakout....
Trend is expected to reverse soon, from downtrend to uptrend. This may be a good time to start accumulating.
I posted it in my analysis here: