Dear traders,
TMV looks like in accumulation phase with slightly descending wedge Vs bullish RSI Divergence + Bullish MACD Divergence + raising volume in the falling wedge.
The chart is more clear with 4H, but the bullish divergence is also present in daily.
Conclusion: TMV may keep going in this trend for couple weeks before taking off to around €26.
Alarm set @€13 (breakout)
Good trades for all.
Sam.
TMV looks like in accumulation phase with slightly descending wedge Vs bullish RSI Divergence + Bullish MACD Divergence + raising volume in the falling wedge.
The chart is more clear with 4H, but the bullish divergence is also present in daily.
Conclusion: TMV may keep going in this trend for couple weeks before taking off to around €26.
Alarm set @€13 (breakout)
Good trades for all.
Sam.
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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.
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.