Waiting for daily candle close
Let's wait for the daily candle close, maybe we can witness a bullish engulfing pattern which could be a sign for a (at least short term) reversal.
Bullish divergence on RSI and MACD clearly visible.
But you have to be cautious with longs, maybe we need another leg down due to the lack of bullish momentum and the triangle formation which could be a sign of continuitation of the bear trend.
Bullish divergence on RSI and MACD clearly visible.
But you have to be cautious with longs, maybe we need another leg down due to the lack of bullish momentum and the triangle formation which could be a sign of continuitation of the bear trend.
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