Coops is consolidating within a symmetrical triangle, with RSI has broken the trendline (green) and retested, going towards the higher trendline.(yellow).
Prices have found a great support near fib level 0.232(3.2) before the bounce. Overall it is seem to be on a bullish trajectory. Breaking the upper trendline of price,
will likely confirm that.
Prices have found a great support near fib level 0.232(3.2) before the bounce. Overall it is seem to be on a bullish trajectory. Breaking the upper trendline of price,
will likely confirm that.
Note
Got rejected at upper trendline.. now has come back to 3.2 while making a hidden bullish divergence.
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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.