A risky trade but if RSI breaks we could lead back to resistance at 11.66p No 100% confirmation on a bounce coming as of yet but bullish divergence looks good for now.
Bear in mind bullish divergence can happen a few times on the way down. Weekly t-line cross with 20ma upwards could well start to become bullish so keep an eye here
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.