Cup and Handle on hourly if its valid.
Big sell volume was absorbed so close above 215 will be very positive. Looking good!
Big sell volume was absorbed so close above 215 will be very positive. Looking good!
Note
Well that was quick. Hourly has closed above resistance.
BUT:
1. Very low volume.
2. Bearish divergence on RSI.
Note
4hr: 1hr:
Clean breakout and lots of room to go on the daily.
Enjoy!
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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.