No real pattern here which makes this speculative but it is at support
Daily hidden bullish divergence is NOT CONFIRMED on the MACD, but is on the RSI
4hr convergence on the MACD and hidden bullish divergence on the RSI
Stop is just below a support level
1st Target = Gap fill (4hr chart)
2nd Target = Just below 0.618 extension @ mini resistance
Daily hidden bullish divergence is NOT CONFIRMED on the MACD, but is on the RSI
4hr convergence on the MACD and hidden bullish divergence on the RSI
Stop is just below a support level
1st Target = Gap fill (4hr chart)
2nd Target = Just below 0.618 extension @ mini resistance
Note
1st Target achievedNote
2nd Target achieved!
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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.