This weekly tf look bullish to me
The bottom of this trend is right on the 200 ema
with an oversold RSI
The final candle is what kept me on the fence.... It posed a question.
Which side has the advantage?
The big body has a lot of selling
but a long "underneath wick" is better than a short one.
The wick is 18 points
The body is 13 points
Is a bull reversal starting? Or is this a bull trap? Either way
it seems up from here
Bought a call expiring in december to collect premiums on
Wish you all well
The bottom of this trend is right on the 200 ema
with an oversold RSI
The final candle is what kept me on the fence.... It posed a question.
Which side has the advantage?
The big body has a lot of selling
but a long "underneath wick" is better than a short one.
The wick is 18 points
The body is 13 points
Is a bull reversal starting? Or is this a bull trap? Either way
it seems up from here
Bought a call expiring in december to collect premiums on
Wish you all well