If we look at the weekly chart we can see we finaly managed to break out of the 30 week descending trendline. We just have to wait for the candle to close for confirmation.
MACD is about to cross bullish above 0.
RSI descending trendline has also broken.
As we all know the bigger the timeframe the bigger the move is. It just takes longer for it to play out.
We have 3 confirmations to go long here.
We also dipped 4% today. This is your chance to enter LONG
Not financial advise!
MACD is about to cross bullish above 0.
RSI descending trendline has also broken.
As we all know the bigger the timeframe the bigger the move is. It just takes longer for it to play out.
We have 3 confirmations to go long here.
We also dipped 4% today. This is your chance to enter LONG
Not financial advise!
Trade active
You guys are welcome
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.