Confidence in Confluence Alone
Righto. Apologies for all the million lines. They all are essential honest.
I think the rising channel will break downwards, why?
* divergence with volume
* divergence with RSI
I think the circled area will make for a good long, why?
* fibonnaci zone 0.5 to 0.618 (great zone)
* potential retest of macro diagonal resistance as support
* potential retest of recent horizontal resistance as support.
I think the rising channel will break downwards, why?
* divergence with volume
* divergence with RSI
I think the circled area will make for a good long, why?
* fibonnaci zone 0.5 to 0.618 (great zone)
* potential retest of macro diagonal resistance as support
* potential retest of recent horizontal resistance as support.
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