SCMA has been bearish for about 8 months before it breaks it's downtrend line and break it's structure.
Potential reversal as there is bullish divergence and potential double bottom pattern.
Buy at 226 and limit the risk at 218 with a potential risk reward ratio of 3.75.
Potential reversal as there is bullish divergence and potential double bottom pattern.
Buy at 226 and limit the risk at 218 with a potential risk reward ratio of 3.75.