BAND still wants to go up. After dropping below the trend line I published yesterday, BAND established a double bottom and created a new chart pattern; a proper looking Bull flag. Wait for breakout and retest for confirmation. My target is $27 if the channel breaks upwards. 4H MACD is moving towards a cross and RSI is healthy.
ZRXUSD is breaking out. Look for an entry above the previous Lower High that was set after the las breakout, was 1.951ish I believe. The RSI and Stoch look ready to go as well!
Bullish divergence on RSI and Stoch. Looks ready to go up agin.
FIL is currently in a bullish pennant. We might be at the end of the pennant OR the price is going to show us a new pattern soon. Bullish divergence on the RSI; price is showing higher lows while the RSI is showing lower lows. My target is $70ish if this pattern breaks upwards. Right now i'm not in this trade; not until the price indicates where it really wants to...
Seeing an IHS on the daily chart which is suggesting bullish action; I'm also seeing a rising wedge as well which is bearish. There were a total of 5 touches on the upper trend line so far and I will be extremely bullish with an upwards break of the wedge and a retest of the upper trend line.
Looks like XLM chart is showing a massive bull flag on the 4H TF. If confirmed... TP 0.58?? Thoughts anyone?