RSI looking like its on the rebound, with EMI still a bit tangled up but DMI+ looking to crossover and upwards into the 30.00 zone. Indicating a bit of sideways movement at first but we shall see an increase into the 78.6 fib before going up to 61.8 and rebounding back to 78.6%
Inside a symmetrical triangle, just touched resistance and is coming down. It's heavily overbought on the 15M which makes me think it can come down a bit, hopefully all the way into my buy zone.
Try to buy at support, you can also wait to see if it will break through support or bounce. If it bounces it's a safe buy!
Stop loss should be no further than the red...
