incoming bounce?

BIP.UN took a beating this week but i think this will create some good opportunity as it looks like a V correction in the making and we can see some signs of a bullish divergence on the r%, though it is very small if you look closely

I think it is likely to occur on the golden pocket as it is approaching an area of a lot of residence.
If there is signs of a decent reversal candle stick on the lower time frame, with bullish reversal on the RSI, r% and MACD on the golden pocket next trading day then that will be the time to enter.

Kommentera:

if It smashes through the golden pocket I think next area of interest would be the 0.786 area as there is some activity on that area as well