Hold this EQ of the big channel = Bullish
Break the EQ = Bearish
RSI oversold sitting at 18.5
Stoch RSI flat out at 0, has a lot of room to run up
MACD not crossing yet
I'm leaning towards bullish if we close this 4H candle smaller -> Increasing volume but smaller candlespread indicate demand is showing up ready for a reversal.
Not financial advise
RISK MANAGEMENT
Break the EQ = Bearish
RSI oversold sitting at 18.5
Stoch RSI flat out at 0, has a lot of room to run up
MACD not crossing yet
I'm leaning towards bullish if we close this 4H candle smaller -> Increasing volume but smaller candlespread indicate demand is showing up ready for a reversal.
Not financial advise
RISK MANAGEMENT