The most recent candle tested the .38 fibonacci level and closed higher than the candle before it. Also the MACD is crossing and the moving averages are all in order. 9ema above the 20ema, 50sma above the 200ma.
The RSI is still low at 57. It looks like III is ready to run.
first target: 8.22
hard stop: 7.25
The RSI is still low at 57. It looks like III is ready to run.
first target: 8.22
hard stop: 7.25
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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.