There is no bullish pattern confirmation, nor supper bullish volume movement...
But, there is a rapid moving RSI, increasing positive volume and an big breakout in its bearish triangle to the upside.
You can see how I confirmed that by my previous idea:
However there can be more volume. I don't think it will get loads of attention now immediately, but it will come.
In my eyes it is very healthy to have a correction towards 0.252 but anything much below that with a weekly close will call a fakeout imo.
Also on daily chart the 50EMA is very close to crossing the 200EMA...
My updates such as entries and targets come on my other idea as mentioned.
But, there is a rapid moving RSI, increasing positive volume and an big breakout in its bearish triangle to the upside.
You can see how I confirmed that by my previous idea:
However there can be more volume. I don't think it will get loads of attention now immediately, but it will come.
In my eyes it is very healthy to have a correction towards 0.252 but anything much below that with a weekly close will call a fakeout imo.
Also on daily chart the 50EMA is very close to crossing the 200EMA...
My updates such as entries and targets come on my other idea as mentioned.
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