BAT 4 HOUR MISSED TREND REVERSALS
BAT 4 HOUR Chart Los Angeles 7:06PM
BAT has shown some bullish divergence but it has missed two trend reversals. The price action broke the 100 and found support at 1.618. Lets hope that it won't fall further after 1.618 and that there will be buys coming in from the oversold RSI. I would like to see RSI at the 50 or 60 to feel confident about an uptrend.
BAT has shown some bullish divergence but it has missed two trend reversals. The price action broke the 100 and found support at 1.618. Lets hope that it won't fall further after 1.618 and that there will be buys coming in from the oversold RSI. I would like to see RSI at the 50 or 60 to feel confident about an uptrend.
