So RSI levels for most time frames are sitting pretty and pretty solid support has been found at 3790.
So far 2 attempts have been made at this level and a third looking at bouncing from it or setting a higher low.
If that plays out an inverted head and shoulders will have formed awaiting confirmation on the 30m to 4h time frames.
Entry, risk v reward, and stop on chart.
So far 2 attempts have been made at this level and a third looking at bouncing from it or setting a higher low.
If that plays out an inverted head and shoulders will have formed awaiting confirmation on the 30m to 4h time frames.
Entry, risk v reward, and stop on chart.
Trade active
Re assessed and moved Stop downNote
Ascending Triangle upon Ascending Triangle
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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.