I think it should be bias long position.
Because price is higher low.
++Indicator analysis++
1 . rsi break new high and look like ascending triangle.
2. Macd higher low
3. Stochastic signal buy.
So i bias long position.
Target rebound i think around fibo 50-61.8% (1150-1157) for closing long position
Thank you
Because price is higher low.
++Indicator analysis++
1 . rsi break new high and look like ascending triangle.
2. Macd higher low
3. Stochastic signal buy.
So i bias long position.
Target rebound i think around fibo 50-61.8% (1150-1157) for closing long position
Thank you
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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.