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Tricky one this week for my part.Weekly plot.Lower highs,...

  1. Fid
    2,270 Posts.
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    Tricky one this week for my part.
    Weekly plot.
    Lower highs, however, the lower lows have slowed down by comparison.
    There are divergences on the CCI, RSI & the MACD with the MACD histogram trending up.
    Remember, divergences are cause by the price going one way the price oscillator going the opposite which can mean a reversal is close.
    Support is at .07 & the demand is there as shown by the long wicks.
    Good luck & happy trading.
    imo dyor

    https://hotcopper.com.au/data/attachments/6198/6198711-6fd6931e2389cbe0117188f6c3d2fa4b.jpg
 
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