SSE Double bottom / Bull div play
SSE seems to be forming a double bottom at the 2470 support level; this in combination with the RSI and Momentum bull divergences and previous candle being a hammer candle makes me think we might be getting a relief rally to 0.786 fib level that corresponds to previous support.
More conservative trade would be waiting for a break of the green dotted line that would confirm the double bottom and break the downtrend with a stop loss below the line.
More conservative trade would be waiting for a break of the green dotted line that would confirm the double bottom and break the downtrend with a stop loss below the line.
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