Long
$PRE Daily Triple Bullish Divergence
PRE holding that demand line nicely. Triple Daily Bullish Divergence on the MACD, and Bullish Divergence also present on the RSI. Nice support found on the 50DMA. A Bullish Hammer\Pinbar candle, and working on that Bullish engulfing today to confirm reversal. 🐂Note
A falling three methods candlestick pattern developed and lead to a sell off. Demand line broken along with the critical support zone. Portential Bullish Divergence still present. Next support at ~0.225
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.