- POSITIVE DIVERGENCE -
A hidden bullish divergence or positive divergence has formed on the daily chart indicating strong upwards movement coming soon
- REVERSAL FROM 200D & 50D SMA ("DAILY" CHART) -
Price has also recently tested two sma including testing one 50D twice indicating strong support for move upwards
- VOLUME SURGE -
Volume has surged on the daily chart on the day of writing this article
- REVERSAL FROM 200D & 50D SMA ("WEEKLY" CHART) -
Price has also consolidated around these two sma from JAN to MAR (2 months) before moving upwards again indicating very strong support level formed
Trade ativo:
Booked half profits as price has hit a very strong support-resistance zone and may reverse from there
Trade fechado: objetivo atingido:
Price has gone a long way upward since the prediction of bullish divergence was made, enough profits & Supertrend indicator (factor - 2) has reversed hence exit the positions