As we can see price is sitting on the support of the falling wedge
RSI on 4H is forming a bullish divergence
RSI on Daily oversold
Lower Bollinger Band broken -> expected reversal
I expect short term bounce to 0.2790 and a fast recovery in the next weeks
RSI on 4H is forming a bullish divergence
RSI on Daily oversold
Lower Bollinger Band broken -> expected reversal
I expect short term bounce to 0.2790 and a fast recovery in the next weeks
Trade closed: target reached
all target reached
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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.