The 2.1 are had played as a massive top capping bullish thrusts several times in the past 3 years. It broke on May of 2015 and it is expected to act as support.
We also have positive HD and RD divergences on the weekly chart.
Nice buying opportunity if we get a good trigger.
Good luck,
Ali Sharif Azadeh, CFTe
We also have positive HD and RD divergences on the weekly chart.
Nice buying opportunity if we get a good trigger.
Good luck,
Ali Sharif Azadeh, CFTe
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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.