Larger diamond pattern forming after the July pattern played out and hit target. Strong bullish divergence on the larger time frames, bounce off the .618, and RSI trend break and backtest (similar to July/Aug run) looks pretty good. Could come back to test the support line before continuing
Commentaire:
Weekly RSI fell below, not a good sign. Still holding lower trendline adjusted to the Oct 31 wick for now
Commentaire:
HIgher low here so could still be in play
Transaction en cours:
Looking good for potential break out here. Do we see golden pocket retrace?