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Small 2.69 RR scalp on RSI divergence and bottom of range spring

Volatility is picking up here at the second bottom where it formed RSI divergence.
Plus this is in convergence with the formation of a new horizontal line and a downward trendline. the 2 downward trendlines form a falling wedge...
A falling wedge at the bottom of a range makes it look like a spring to me.
There is also the fact that when there is 2 successive consolidations, 1 below the other, it is most likely an accumulation.
There is also a buy signal on the MFI
simple trade.
Plus this is in convergence with the formation of a new horizontal line and a downward trendline. the 2 downward trendlines form a falling wedge...
A falling wedge at the bottom of a range makes it look like a spring to me.
There is also the fact that when there is 2 successive consolidations, 1 below the other, it is most likely an accumulation.
There is also a buy signal on the MFI
simple trade.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.