QSP = Trend Reversal and Possible Entry Point 7/12/2018
Traders,
QSP has formed a falling wedge which is a trend reversal and is at support area with a possible entry point for me.
-Bullish divergence on RSI
-Bullish divergence on MACD with lower momentum
-Measured move is 20% to the upside of bullish if pattern plays out.
We are still in a bear trend so be careful and remember this is for educational purposes and not a trade setup for anyone but myself.
Thank You,
May the BULLs be with you !
QSP has formed a falling wedge which is a trend reversal and is at support area with a possible entry point for me.
-Bullish divergence on RSI
-Bullish divergence on MACD with lower momentum
-Measured move is 20% to the upside of bullish if pattern plays out.
We are still in a bear trend so be careful and remember this is for educational purposes and not a trade setup for anyone but myself.
Thank You,
May the BULLs be with you !
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