Hey Guys,
Hope everyone has been well during this pandemic!
As we can we here on the BSVUSD chart, we have broken the downward trend line (Acting as resistance) and have changed in market structure (higher low).
We will see some bullish movement in the near future (TA). Looking to long some positions at a the GOLDEN ENTRY fibonacci retracement.
Additionally, MACD, RSI indicates a potential retracement before a big push.
All on the daily chart by the way!!
Goodluck trading :)
- Jacques
Hope everyone has been well during this pandemic!
As we can we here on the BSVUSD chart, we have broken the downward trend line (Acting as resistance) and have changed in market structure (higher low).
We will see some bullish movement in the near future (TA). Looking to long some positions at a the GOLDEN ENTRY fibonacci retracement.
Additionally, MACD, RSI indicates a potential retracement before a big push.
All on the daily chart by the way!!
Goodluck trading :)
- Jacques