weekly chart showing its not as bad as the fud parade are making out:
obv is the real key as the volume does not reflect the drop creating a bullish divergence.
the long term trendline bounced the price
the weekly wick (if closed here) will confirm the support around £0.20p
range top went straight to range bottom, price will now travel back to mid
ranage bottom is also the weekly ATR.
better R:R longing here then shorting to zero with the other clowns, be greedy when most are fearful ;-)
obv is the real key as the volume does not reflect the drop creating a bullish divergence.
the long term trendline bounced the price
the weekly wick (if closed here) will confirm the support around £0.20p
range top went straight to range bottom, price will now travel back to mid
ranage bottom is also the weekly ATR.
better R:R longing here then shorting to zero with the other clowns, be greedy when most are fearful ;-)
Comment:
its bau, right?
