Interesting.. Looks like the fractal of last May-July is repeating. Fractals are powerfull!
Only time will tell, but looks interesting!
What are your thoughts???
Sincerly,
..
ZIL is back in his area of interest. This combined with its breakout of the symmetrical triangle and retest. ZIL is starting wit a really nice rally imo.
A bullish divergence RSI occurs when the chart makes a lower low while the RSI forms a higher high. RSI doesn’t confirm the low and shows momentum is strengthening. The RSI or Relative Strength Index is a momentum indicator. You can apply this same strategy to other lower indicators, like MACD or Money Flow Indicator too.
