As you can see RSI broke downtrend marked by the yellow circle, the blue circles pinpoint two bounces off a new uptrend.
Macd is contracting and should converge soon, which will mark 2/3 bullish indicators.
The Last pair of candles on 2 hour chart look great the red one shows us its an equal pull of bears and bulls, Green engulfing candle shows signs of reversal. We are looking for a close with a small upper wick and next candle being an equal to or bigger than previous green candle with little to no upper wick for confirmation.
Macd is contracting and should converge soon, which will mark 2/3 bullish indicators.
The Last pair of candles on 2 hour chart look great the red one shows us its an equal pull of bears and bulls, Green engulfing candle shows signs of reversal. We are looking for a close with a small upper wick and next candle being an equal to or bigger than previous green candle with little to no upper wick for confirmation.
MACD diverged as predicted.
2/3 bullish indicators
Get ready for lift off soon