RSI is @ 56
MACD on downtrend
Broker 20 EMA
CandleStick Interpretation
One candlestick.
Bullish Maruzobo
Multiple Candlestick interpretation.
Could be interpreted as Engulfing or Piercing stick.
P1 - opens @ .67 and closes @ .66
P2 - opens @ 66 and closes @ .69
Market interpretation
On P2 it opens on a new low which confirms bearish trend but there's a lot of buying interest which made the green candle close to the higher than the previous candle.
Darvas box also confirms that it hits the resistance.
Can enter the trade on the next day, with 2-3% cut loss or can wait for the confirmation buy then.
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