Ok, WISH hit the 13.80 as we thought it would, and it is below this level right now. That’s fine, now I see the 13 as the next support, and look at the RSI – it is starting to get oversold again!
Any reversal pattern around will be a buy sign for us.
And this will be perfect, because the 13 is also the 20ma in the 4h chart. The 30min and 4h charts were too overbought recently, and this pullback simply normalizes the situation.
For now, we have no other buy sign, but I’ll warn you if we see one! So, keep in touch!
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
Any reversal pattern around will be a buy sign for us.
And this will be perfect, because the 13 is also the 20ma in the 4h chart. The 30min and 4h charts were too overbought recently, and this pullback simply normalizes the situation.
For now, we have no other buy sign, but I’ll warn you if we see one! So, keep in touch!
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
