already the MACD is in bullish divergence here
a higher price low looks likely even as the MACD is heading towards a lower low
if it heads any lower and the price holds the 350 MA low, or 350 MA high (black lines) it will be even more bullish
bull flag still relatively valid
would be nice to get back over .25 (blue line)
over all I a quite optimistic about a reversal and a continuation to higher highs
not
financial
advice
a higher price low looks likely even as the MACD is heading towards a lower low
if it heads any lower and the price holds the 350 MA low, or 350 MA high (black lines) it will be even more bullish
bull flag still relatively valid
would be nice to get back over .25 (blue line)
over all I a quite optimistic about a reversal and a continuation to higher highs
not
financial
advice
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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.