Posted by mrjasongill on 9th of Apr 2020 at 01:29 pm
I think so...throw RSI on your hourly time frame and there's
divergence plus on the daily time frame this 2809 level was support
last fall and resistance end of 2018. Plus it's the 50%
fib....plus the rising wedge you show on the hourly....Maybe pull
back to fill the gap around 2750 next then work it's way up to the
50 day MA around 2890.
https://www.tradingview.com/x/KNzW1KoF/
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
I think so...throw RSI on
easy low risk trade here
Posted by mrjasongill on 9th of Apr 2020 at 01:29 pm
I think so...throw RSI on your hourly time frame and there's divergence plus on the daily time frame this 2809 level was support last fall and resistance end of 2018. Plus it's the 50% fib....plus the rising wedge you show on the hourly....Maybe pull back to fill the gap around 2750 next then work it's way up to the 50 day MA around 2890.
https://www.tradingview.com/x/KNzW1KoF/