Crossroads

Updated
Simple lines could be enough. One of them a previous resistance now turned support and also marked the beginning of the strong uptrend before once it broke. The other one, a support that's been holding for almost a year. Now that we are at the cross of these lines, it seems price is getting ready for some nice upper action. Also the resistance on the RSI that came right from the ATH has been broken. I believe there is some good potential here.
Thanks for your comments.
Trade closed: target reached
Quite early, let's see how it evolves.
Note
Check how we're testing back that old support.
Note
Support held and observe time fib 1.382
Technical IndicatorsSupport and Resistance

Also on:

Disclaimer