Potential long set up on CLOV

١٨ فبراير ٢٠٢١

Here is hourly chart of CLOV. Clear bullish falling wedge and positive divergent on both RSI and PPO. It is in over sold territory on RSI as well. Breaking up front the wedge would be the first objective entrance. Back test of the wedge would be the second. Stop should be placed according to the upside target. There is no guarantee but it may be worth taking a shot.

Have a good trade,

T.