Bullish Divergence
Price is in bullish divergence with CCI and has just approached at S3 monthly pivot point support. This could work as oppty to go long for some few tens of pips of possible correction at least or could also work as significant reversal point.
With that being said divergences does not work always, though it's nice setup so I'm about to keep watching this pair next week.
With that being said divergences does not work always, though it's nice setup so I'm about to keep watching this pair next week.
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.