As drawn yesterday we broke out the bearish trend line but we say we needed to test it as support.
Hopefully todays candle closes above the yellow line to fully confirm the breakout.
That would increase the chances of the breakout to continue to the upside.
Notice that that would also produce a second bullish divergence on rsi
Hopefully todays candle closes above the yellow line to fully confirm the breakout.
That would increase the chances of the breakout to continue to the upside.
Notice that that would also produce a second bullish divergence on rsi
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