Signs of downward push has been slowed and time to correction:
1. Oversold
2. Daily time frame have first green candle formed
3. Formed falling wedge (bullish) pattern
4. Bullish divergence: oscillator formed higher highs while price action shows lower low
5. Filled gap at $126 area
Go long $126-$130 area and potential targets are: $132 $135 $138 $140
1. Oversold
2. Daily time frame have first green candle formed
3. Formed falling wedge (bullish) pattern
4. Bullish divergence: oscillator formed higher highs while price action shows lower low
5. Filled gap at $126 area
Go long $126-$130 area and potential targets are: $132 $135 $138 $140
Note
Bounced at $126 area and pushing upward healthy. Lets see if it breaks $129 area.Note
retested the support around 126.5 and still holding for long.
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.
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.