Falling wedge
Lowest candle wick bounced perfectly off of a horizontal support but also the the 0.786 fib retracement!
Got above the 200 Day MA again too
Daily hidden bullish divergence on the MACD and RSI
4hr hidden bullish divergence on the MACD and RSI has been CONFIRMED
Stop = Below horizontal support and 0.786 fib retracement
Target = Horizontal resistance level/the measured move of the falling wedge
Lowest candle wick bounced perfectly off of a horizontal support but also the the 0.786 fib retracement!
Got above the 200 Day MA again too
Daily hidden bullish divergence on the MACD and RSI
4hr hidden bullish divergence on the MACD and RSI has been CONFIRMED
Stop = Below horizontal support and 0.786 fib retracement
Target = Horizontal resistance level/the measured move of the falling wedge
Comment:
Target achieved