Price has reached a slide parallel of an upslope median line and we may see that it's in a consolidation. MACD shows a bullish divergence, a sign that this downmove is about to end. We should wait for a breakout above the consolidation and watch for a bullish setup to complete.
Kommentera:
Although price retraced a little more than expected, the news made the price explode and breaking above the consolidation.
