Strong bullish divergence clearly visible on the 4hr chart, price is coming down to test the local lows/support zone (12950/13150).
Clear invalidation below the local low and trend line 12870/12940, and first TP target is around 13750 - this could be a great long opportunity.
Clear invalidation below the local low and trend line 12870/12940, and first TP target is around 13750 - this could be a great long opportunity.
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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.