- Price action is trading at support levels and has formed bullish RSI divergence.
- Falling wedge pattern might be broken out soon as price is repeatedly getting supported at 1585-1590 range.
- 2 spinning tops formed recently with significant volume considering other volume of candles in the vicinity. Spinning tops suggest indecision.
- Volume declining with price, supply getting exhausted.
Trade active
Comment:
Resistance at channel top
Comment:
Channel broken on the upside.
Trade closed manually:
Late update. Trade was closed at channel resistance.