The power of support & resistance combined with Candle stick patterns is amazing. But added confirmation of Divergence gives us much more certainty.
At the point of cross we had everything needed for long trade
1. Support
2. Trend line
3. candle formation
4. Regular Bullish divergence
So neat and clean
At the point of cross we had everything needed for long trade
1. Support
2. Trend line
3. candle formation
4. Regular Bullish divergence
So neat and clean
Disclaimer
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.
Disclaimer
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.