$ECA nearing points of interest - Nearing a setup -

$ECA is nearing a setup. I wouldn't quite say that it is the best setup at the moment due to the angle of the "price action break out line I drew.
I think ECA will stick more so to the wedge formation rather than break out now. However we will see. Both are possible.

RSI line is drawn using the "uniform action" method. If you would like to see more of the idea plz look at my previous ideas

MACD nearing zero line. where the best signals occur as we know from Eric Muathe.

Please leave comments and feedback. Thank you
My next few charts will likely be in black in white. So stay tuned for that.

評論:

Note that volume does not confirm a move higher or a break out at this point. Moving higher on practically no volume

評論:

Getting closer to the proper setup we are looking for