So the USTECH100 CFD has shown a strong demand tail on the 1h chart earlier this evening, possible reversal potential with divergence between price & RSI.
Taking a step back, on the daily chart, we can see the index is challenging the lower midline of the ascending pitchfork. If it holds, the bull could be back!
If it doesn't hold, we could be heading for the lower boundary line of my pitchfork...
Lets see what happens on Monday :)
Good luck everyone and stay safe!
Taking a step back, on the daily chart, we can see the index is challenging the lower midline of the ascending pitchfork. If it holds, the bull could be back!
If it doesn't hold, we could be heading for the lower boundary line of my pitchfork...
Lets see what happens on Monday :)
Good luck everyone and stay safe!
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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.