Luna after an extended retracement & and breakdown below head & shoulders neckline have reached a strong area of value at 200 EMA. Looking for a reversal off this level.
On uptred, price above SMA 200 & SMA 50 RSI < 10 oversold
DBX price above 200SMA hence still on an uptrend. Price had tested 50/20SMA three times. Likely to be a rebound off 20SMA with a double bottom pattern.
Market continuing on uptrend with price above rising 200SMA. Price looks to bounce of 20SMA as area of support. Entry at engulfing candle