weekly bullish divergence 1st target break out 1870 resistance

1st signal would be weekly close above 1823 then focus on mid zone box at 187x
mid zone of divergence at 1870 but it possible rejection from 1877 to 1883 then drop again
weekly bullish divergence invalid if weekly close under 1763
note: big magnet weekly close at 1812, so Friday could bearish to 1812

Yorum:

divergence can failed, the basic would be break down 1760
but there also a nice observation that it usually rejected from 50% retracement too (and 100% retracement)