Take a look at this descending channel... It has been broken and prices are now above the EMA21 line.
We are seeing bullish action develop since Nov. 5th.
The RSI is now looking good with bullish divergence and higher lows:
It is already moving higher, with lots of room left for additional growth.
Additional information and targets can be seen on the chart.
The red dashed-line works as the last low and can be used as a stop-loss as well. (We use manual stop).
Feel free to share your thoughts in the comments section.
Only hit LIKE if you enjoyed the content, it was useful to you in some way, or if you want to show some support.
If no, then don't hit like...
Namaste.
We are seeing bullish action develop since Nov. 5th.
The RSI is now looking good with bullish divergence and higher lows:
It is already moving higher, with lots of room left for additional growth.
Additional information and targets can be seen on the chart.
The red dashed-line works as the last low and can be used as a stop-loss as well. (We use manual stop).
Feel free to share your thoughts in the comments section.
Only hit LIKE if you enjoyed the content, it was useful to you in some way, or if you want to show some support.
If no, then don't hit like...
Namaste.
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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.
🚨 Long-term Financial Success Available » Make The Right Choice » Join NOW! 👉 lamatrades.com (Since 2017)
🥇 9999% Results
t.me/masteranandatrades/5935
t.me/anandatrades/971
🏆 FREE Trade-Numbers
anandatrades.com
🥇 9999% Results
t.me/masteranandatrades/5935
t.me/anandatrades/971
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
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.