This one doesn't really have any Divergence Variables going for it nor is it really at any form of Support but it is breaking out and backtesting an okay looking Falling Wedge and has completed a decent looking Bullish Deep Crab while being oversold on the RSI and that's enough to catch my attention; if it were to make a common 0.618 retrace from the previous local range high to low that would be an 11x move so it's worth the risk in my opinion.
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.