Three indicators are confirming the potential breakout:
1. Bullish divergence on MACD.
2. Stock RSI is now heading up on 4H chart.
3. Volume spikes on price increasements.
We also have a falling wedge pattern formation which is a strong bullish signal.
1. Bullish divergence on MACD.
2. Stock RSI is now heading up on 4H chart.
3. Volume spikes on price increasements.
We also have a falling wedge pattern formation which is a strong bullish signal.
Kommentera:
Sorry for the typo, I mean Stoch RSI and not Stock RSI. :)