The DMI indicator shows that we are still in a bearish trend.
The MACD indicator did indicate a trend reversal about a day ago, but it seems to be crossing over again. I think this signal, along with the DMI indicator show that we will fall through the current support and see at least one more leg down to 8650.
This is my first published TA and would love to hear feedback from more experienced traders
The MACD indicator did indicate a trend reversal about a day ago, but it seems to be crossing over again. I think this signal, along with the DMI indicator show that we will fall through the current support and see at least one more leg down to 8650.
This is my first published TA and would love to hear feedback from more experienced traders