Simple chart speaks volumes. First on the 4 hour chart we retraced to 38% which corresponds to the bottom bollinger band and buyers are pushing price North from this point.
RSI Exhaustion appears maxed and the TDI has not given a buy signal but that will probably cross on the next bar. The daily chart does not share all of the above sentiment. It has not because it has not entered into the overbought parameters for this move from 6 February, so overall I'm bullish at this time, and see a possible run at the 14,500 area in the not so distant future. Good Trading to you guys.
RSI Exhaustion appears maxed and the TDI has not given a buy signal but that will probably cross on the next bar. The daily chart does not share all of the above sentiment. It has not because it has not entered into the overbought parameters for this move from 6 February, so overall I'm bullish at this time, and see a possible run at the 14,500 area in the not so distant future. Good Trading to you guys.
The most Regretted trades are the ones not taken.
