Weekly RSI support line held
Daily
Double bottom on 200 day SMA at the bottom of the Ichimoku cloud
Daily RSI at 30
Jan 17th's daily candle was the bottom fish entry
Bearish case
Weekly bearish divergence
Possible TP: at the weekly RSI resistance line
Possible weekly bullish engulfing, awaiting weekly candle close
Daily
Double bottom on 200 day SMA at the bottom of the Ichimoku cloud
Daily RSI at 30
Jan 17th's daily candle was the bottom fish entry
Bearish case
Weekly bearish divergence
Possible TP: at the weekly RSI resistance line
Possible weekly bullish engulfing, awaiting weekly candle close
Trade active
Entry was bottom fish of double bottom. Can use vwap for other entries.
Trade closed manually
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.