Failing to break that reversal zone and keeping on the channel looks nice for a long. MACD crossing RSI adds confirmation.
If it Breaks the zone and retests it with the trendline would look for a short.
Just keep watching but nice opportunity either way.
If it Breaks the zone and retests it with the trendline would look for a short.
Just keep watching but nice opportunity either way.
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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.