TOTAL3 made Bullish Divergence and Reversal at 740B
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The asset has formed a total of three waves on the weekly timeframe and recently made a retest at the 740B level. It is likely to form a double bottom pattern here, with the RSI trendline indicating a clear bullish divergence. This suggests a potential bounce from this point, and based on these indicators, the next move is expected to propel the price to the 1.5 to 3 billion range.
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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.