Weekly Chart Loss of Bearish Momentum Long Wick Rejection of Dynamic Weekly Support (1.15) 0.236 Fib from March Swing Low same as Support (1.15) Volume Exhaustion in downtrend Bullish Divergence (MACD) Bullish EMA Cross 7/13 Week (14/50) Trend Remains Bullish over 1.05
Daily Chart Low Volume Consolidation in Falling Wedge (2x Avg Vol on Green Candles) RSI/SMI Consolidation Zone (50/5) Slightly Bullish Divergence (HIST) 6th Rotation Closed with a White Spinning Top above 50EMA
4hr Chart Falling Wedge Bullish Divergence (MACD, HIST, VMMACD) PivotPoint Rejection Bullish Momentum 1.45 Trend Reversal Level Strong High Volume Rejections of Bottom Trend Line Weak Low Volume Rejections of Upper Trend Line