Reasoning:
Ascending Pivot Point
MACD looks to want to cross above
Double Bottom forming
POC (point of control aka price where most volume is at) is at neckline of double bottom meaning they are expecting a move upwards
Stop Loss: below pivot level
Goodnight folks,
Stefan
Ascending Pivot Point
MACD looks to want to cross above
Double Bottom forming
POC (point of control aka price where most volume is at) is at neckline of double bottom meaning they are expecting a move upwards
Stop Loss: below pivot level
Goodnight folks,
Stefan