Seems like bulls are winning this one. Prices are trading well above STMA. Note that 42-46 is a heavy resistance zone.
Weak bearish divergence can be noted in the RSI
Weak bearish divergence can be noted in the RSI
Trade closed: target reached
As expected counter got rejected at 0.786 fib levels and now making a base at gp levels. (previous resistance being a support) IMO a good entry point!
Trade active
another entry filled, seems like its getting ready for next TP 49.5
keep a close eye on possible bearish divergence to be made
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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.