The red trend line breakout objective (marked with arrows) is still in play. Post-break the price dropped back to the breakout point level and held as support (typical throwback).
Internal momentum on the ADX is showing early signs of buying interest returning. Also, the MACD showing a nice crossover too.
I would buy here and sell stop on a break below the blue bullish trend line.
Happy Trading!
Internal momentum on the ADX is showing early signs of buying interest returning. Also, the MACD showing a nice crossover too.
I would buy here and sell stop on a break below the blue bullish trend line.
Happy Trading!