Entered short term using values and S/R and decided targets longterm.
Think it might look something like that.
Test of trendline as well as RSI divergence.
0.618 turnaround. I predict that price is going to step back into the previous downtrend to make it all the way down to the 0.886 completing a Bat formation on the Weekly chart. Also if you're paying attention, there is a very strong occurrence of RSI diververgence.
I need someone to tell me what I'm missing here because as it is I'm confused. The end of day increase for the USA was 25,000 yet the end of day increase for the world was 18,000, what am I missing? Is it because of different time zones?
Bullish strength indicated by previous engulfing.