GENUSPOWER
GENUSPOWER
Kumo green support, S1 pivot support, ML of PF support and bullish divergence...
All points to most probable bottom formtion, reversal is likely , the bullish macd divergence promotes the price failure principle of the pitchfork where in there should be reflection from the median line of the pitchfork...
The resistance area is the -.786 level of the previous trends and then the R1 resistance level of the pivot point system which coincides with the 1.27 fibo level of he previous trend..
Any break of the tredlines marks the area for stoplosses
Disclaimer... No current Investment....Looking to enter after confirmed reversal....
Not an investment/trading recommendation