Pretty simple quick post that assumes you know your divergences.
We ground along the black trend line for a few months and when we fell it was a relatively short distance with bullish divergence. I see a very high probability for upside before more downside.
- Our long term resistance has become support very recently.
- The RSI and MACD show hidden bullish divergence, though slightly with the indicators showing technical double bottoms.
- Finally that blue stepped line is the 50w EMA crammed onto the 4h chart.
We ground along the black trend line for a few months and when we fell it was a relatively short distance with bullish divergence. I see a very high probability for upside before more downside.
And I promise every Floridian that you will all be rich... because we're gonna print some more money! Why didn't anybody ever think of this before?
~Nathan Explosion
~Nathan Explosion