Looking at a downtrend reversal break out of our nested falling wedge pattern. Added strength coming from our higher time framed wedge completing a 3 wave correction of our 03/20-03/29 rally. 10,20 over 50 EMA should push up past our first neckline resistance @.1582 sitting at our .382 retrace. Reaching up at our 200 EMA, in a successful price crossover we're looking at .1744 sitting at our our 2nd neckline resistance at our .618 retrace. Sideways pressure marked around .1663 . Volume spikes will be significant here.
注释
Keeping an eye on our EMA here as our 10,20 cross over 200, 50 reaching up on the 1hr. MACD cross over signal line.Starting for a break over our .382 retrace from our bull pen taking form over the last 48 hours reaching up at our 2nd neckline resistance.
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