Though lagging span is bearish and cloud is bearish, the TK cross indicates a bullish change in momentum and we can see that our MACD is signaling a surge of upward price action and our downward trend is coming to a cross with our heavy support line from underneath, forming a triangle, where our price is only barely breaking out of the apex. Our stochastic rsi indicates a change in direction as well, all pointing to a shift in trend.
This is an extremely bullish indication. I think we will be seeing higher highs in the coming weeks.
Happy trading.
-LB
This is an extremely bullish indication. I think we will be seeing higher highs in the coming weeks.
Happy trading.
-LB
