ascending wedge in red
4h 200 SMA as resistance
4h RSI and MACD divergence
forming possible descending wedge in green ( bullish )
possibly revisiting the 2018 Q4 ~ 2019 Q1 channel
4h 200 SMA as resistance
4h RSI and MACD divergence
forming possible descending wedge in green ( bullish )
possibly revisiting the 2018 Q4 ~ 2019 Q1 channel
Note
UPDATE: A low-volume price action between the top green and bottom red trend lines. Still in play.Note
UPDATE: Making a move in the expected direction
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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.