HM signal (High momentum) spotted. Looking good with previous wave up with increasing volume and momentum.
- Heathy retracement and support well at good level @ 0.8820 - 0.9050 - Divergence in lower TF
It is at extremely good reward to risk level now if able to hold above the support level. However, it will be safer if wait H8 candle to close high and form a bullish candle.
Note
Seems like it has challenge another lvl lower before moving up
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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.