Biased: Bulish
1- Price is testing the lower trend line.
2- Strong price support as well as Fib Support at the Entry point.
3- There exists a divergence which means that the bearish trend is loosing its momentum
1- Price is testing the lower trend line.
2- Strong price support as well as Fib Support at the Entry point.
3- There exists a divergence which means that the bearish trend is loosing its momentum
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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.