MN Breakout

BULLISH MN

On the left side, we have a 1 Month view and 1 hour chart.
On the right side, we have a 1 Month view and a 30 minute chart (zoom in)

I see a couple things here indicating a bullish breakout about to happen:

✅ A nicely formed Cup and Handle
✅Red flags: Indicating a Bullish RSI divergence. We have lower lows on the chart and higher lows with RSI
✅ A red candle closing the previous day that doesn't appear that bears are strong here
+ Waiting for the candles to break the trendline as confirmation before taking a position



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- Pocketfeeder

breakoutBullish PatternsChart PatternsentrypointTechnical Indicatorsrsi_divergence

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