The 4H chart is showing a bullish hidden divergence where the price is making a higher low while RSI is making a lower low. This suggests a continuation of the uptrend after a healthy pullback. A 'Buy on Dip' zone has been marked near 561, with stop-loss (SL) significantly below at a strong support zone near 375. Confirmation of this hidden divergence strengthens the bullish bias.
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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.