As you can see, I correctly identified the reversal point on the previous downtrend.
If we can see a blue candle close inside the green, with a large spike in volume, we are due for another surge.
If we can see a blue candle close inside the green, with a large spike in volume, we are due for another surge.
Note
Stoch RSI showing bullish divergence.Volume levels showing bullish supply and demand.
Trade active
Trade active
Candle closed bullish inside breakout area.
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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.