boristene

boristene

WE NOTICE A DOUBLE BUTTOM REVERSAL WICH TOOK AROUND 3 MONTHS TO BE BUILDED ; THIS IS BEING CONFIRMED BY THE DIVERGENCE SHOW BY THE RSI INDICATOR AT THE SAME LEVEL OF THE DOUBLE BUTTOM PATTERN... THATB MAKE US KNOW THAT IT IS A BEGINING OF A NEW TREND AFTER WE SEE THE PULLBACK ON THE PREVIOUS RESISTANCE LEVEL.

boristene

AS THE PRICES STILL MOVING ABOVE THE 200 PERIOD MOVING AVERAGE, AND WE SEE SOME CONTINUATION PATTERNS INTO THE BULLISH CHANNEL ALSO THE RSI MOVE ABOVE IT 50 LEVEL MEDIUM LINE. WE CAN ENTER A NEW BUY ODER WHEN THE PRICE WILL BREAK THE NEXT YELLOW LINE RESISTANCE WITH SOME INCREASE IN TRADING VOLUME...