*Not for Pipsers & Scalpers*
KDJ: Buy with a golden fork:
At the moment, it is observed that only values of K (red line) appears under the 20 line, that is in the oversold area. The signal would be even favorable once all three (K+D+J) converge, it could be a good idea for seasoned trader to catch the optimal buying point.
Overall Trend:
From the rainbow oscillator, it tends to bounce off the midterm trend line (yellow) indicating some degree of strength in the price movement.
KDJ: Buy with a golden fork:
At the moment, it is observed that only values of K (red line) appears under the 20 line, that is in the oversold area. The signal would be even favorable once all three (K+D+J) converge, it could be a good idea for seasoned trader to catch the optimal buying point.
Overall Trend:
From the rainbow oscillator, it tends to bounce off the midterm trend line (yellow) indicating some degree of strength in the price movement.