Established support for a buy
We have found established support with a strong pivot/ Still room for an entry to retest the next resistance with this increased in volume.
Our MACD/SIGNAL cross has established clear increase in volume with RSI slowly moving towards the overbought zone. A MACD/SIGNAL cross through 0 line will help increase momentum through resistance levels.
Take profit at resistance levels and look for pivots. Stop loss below established support.
Please comment with thoughts and ideas. Thank you.
Our MACD/SIGNAL cross has established clear increase in volume with RSI slowly moving towards the overbought zone. A MACD/SIGNAL cross through 0 line will help increase momentum through resistance levels.
Take profit at resistance levels and look for pivots. Stop loss below established support.
Please comment with thoughts and ideas. Thank you.
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