See above.
I have been following Link's falling wedge/double bottom formation. In the long term, this is an absolute cup and handle formation. We found support from the swing on Christmas day 2017.
Waiting for MACD crossover on the 12hr to confirm RSI upward movement.
However, heavy resistance on the 5300 mark.
This is a potential 90%+ profit. If it breaks 9840, then we will see blueskies.
Break of the 4420 support line will negate this trade.
I am going long.
I have been following Link's falling wedge/double bottom formation. In the long term, this is an absolute cup and handle formation. We found support from the swing on Christmas day 2017.
Waiting for MACD crossover on the 12hr to confirm RSI upward movement.
However, heavy resistance on the 5300 mark.
This is a potential 90%+ profit. If it breaks 9840, then we will see blueskies.
Break of the 4420 support line will negate this trade.
I am going long.