In this 4-hour chart we see price has broken out of the descending triangle and come back to test it as support. This could easily prove to be a false break-out, however, with the price divergence in the RSI and MACD, the potential for a trend reversal is looking strong as long as price can hold above the triangle.
What do you think, is a false break or something more substantial?
What do you think, is a false break or something more substantial?
