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A nice coincidence Fib,RSI,MACD ...
-Rsi bullish divergence
-MACD bullish divergence
-Fibonacci 0.618 retracement met
-All the breakout buyers are in loss
These are the reasons to be bullish at this stage and for me the last one is the most authentic reason. as you can see in the picture below, all traders who where watching the market to breakout to buy back their baskets are in loss and this coincides with the 0.618 fib and the other two.
don't forget to like and follow.
-MACD bullish divergence
-Fibonacci 0.618 retracement met
-All the breakout buyers are in loss
These are the reasons to be bullish at this stage and for me the last one is the most authentic reason. as you can see in the picture below, all traders who where watching the market to breakout to buy back their baskets are in loss and this coincides with the 0.618 fib and the other two.
don't forget to like and follow.
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