Long
Nice little bull flag forming right beneith resistance
RSI is showing signs of momentum shifting in the bulls' favor. People keep buying the dips over the past 5 days, forming a tight little range on a bull flag. If it can push through 1.64 with some good volume, this might be the beginning of a nice run. 12 and 26 exponential moving averages are just about to cross bullish, and for the last week they have managed to hold as support for the first time in months.
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.
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.