What I see... + Tightening of the Bollinger Band + Prices found support from the 10ma + MACD is in bullish zone and flat + RSI is rising but flat + Burst of of 3 consecutive up bars when it goes on a short bullish run in the past 2 months
- 0.618 Fib is serving as a major Resistance level - 10ma is still not pearcing through the body of the candle - MACD is completely flat
What I setup... + Lone entry above May 8's high - Stop under today's low + Target at 0.786 Fib. :: Duration - up to 4 sessions after a bullish breakout
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