Bullish Bat Pattern nearing Completion. Point D sits at the 61.8% retracement.
Volume is starting to decline as prices move downward indicating that bulls might enter at any moment.
Notice as well that right below the D point is Monthly and Weekly resistance (broken line) levels.
We also have RSI showing bullish convergence signal.
Volume is starting to decline as prices move downward indicating that bulls might enter at any moment.
Notice as well that right below the D point is Monthly and Weekly resistance (broken line) levels.
We also have RSI showing bullish convergence signal.