KAMOPAINTS - DIVERGENCE & CONFLUENCE WITH H&S!
Points to Note:
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1. A hidden divergence with RSI, at the 61.8% level showing Oversold levels
2. An inverse Head & Shoulders(H&S) showing accumulation
3. A healthy breakout with volumes out of both the downward Trendline & the H&S
4. Good Price to buy, at the retest of the trendline
Disclaimer: This is merely an observation & NOT a Trade recommendation. Please take trades at your own discretion & analysis.
_______________________________
1. A hidden divergence with RSI, at the 61.8% level showing Oversold levels
2. An inverse Head & Shoulders(H&S) showing accumulation
3. A healthy breakout with volumes out of both the downward Trendline & the H&S
4. Good Price to buy, at the retest of the trendline
Disclaimer: This is merely an observation & NOT a Trade recommendation. Please take trades at your own discretion & analysis.
Trade closed: target reached
