4H MacD bullish divergence
This is A short term shift in the trend. I would wait until we get a confirmation, which would be a break above the MA, or a strong bullish candle. This is not advice but I am taking a small position here at the strong support level (channel) we've created and have bounced back and forth in and then will take a bigger position size once we break and test the .236 fib level. As always stay safe and trade smart. LMK your thoughts below. All criticism is welcome!
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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.