After a bearish spell the RSI showed a bullish divergence. Consequently the pair has also showed the HH and LH. Therefore, we may initiate a long position when it crosses the recent high.
For convenience the SL, TP1 and TP2 has been marked on the chart.
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.
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.