Some of you who follow the chat box yesterday might notice I was mentioned that BB band expanding and MACD golden cross up beat Fib retracement. I'd like to take this opportunity to share further what I mean and hoping for some comment from experts to feedback on my view.
As indicated by the greed arrow in MACD chart, it indicate a golden cross plus BB band expanding with candle rides above mid BB. This indicates a strong uptrend even it touches Fib retracement 50% & 61.8% level.
Dear FKLI experts, please comment on my analysis. Thanks and Happy Trading!
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