masood88

masood88

1- Price has been struggling to breakout previous HL since 22nd May but went vain to date. Which show lack of interest from buyers. 2- Candles with upper wicks and RSI is taking resistance from 60 level on hourly is evident that price will retrace further. 3- Bearish divergence on daily confirming is also confirming the retracement will proceed. The...

masood88

1- Price is in uptrend and HH/HL are intact. 2- Price is stalling within golden pocket zone. 3- Price squeezing in between wedge pattern. 4- RSI on weekly @ 52 and monthly @ 66 which is showing that bullish momentum is intact. 5- We need to wait for bullish candlestick pattern within GP or breakout of the wedge pattern. .