CAH Bullish
The flag pattern and engulfing candle are both very bullish signals.
In addition the MACD histogram is rising, suggesting momentum is increasing and a MACD crossover is imminent.
OBV confirms the recent price action.
Both the short term FI (2) and long term FI (13) are recently positive showing a good entry point and confirmation of the trend.
Finally, the most recent candles tested multiple Fibonacci levels managing to close above the .78 level.
Target: $79, $91
In addition the MACD histogram is rising, suggesting momentum is increasing and a MACD crossover is imminent.
OBV confirms the recent price action.
Both the short term FI (2) and long term FI (13) are recently positive showing a good entry point and confirmation of the trend.
Finally, the most recent candles tested multiple Fibonacci levels managing to close above the .78 level.
Target: $79, $91
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