I'm spotting a potential bullish reversal on USDPLN after a confirmed RSI bullish divergence on the daily chart. Price made a lower low while RSI printed a higher low, signaling fading bearish momentum.
I’m waiting for a confirmation candle (such as a bullish engulfing or hammer) to enter. This trade setup offers a clean 1:2 risk-to-reward ratio with tight risk control.
Setup Details:
Entry: 3.7600 (above confirmation candle)
Stop Loss: 3.7500 (below divergence low)
Take Profit: 3.7800 (conservative R:R target)
RSI is currently recovering from the 30 level, volume is picking up, and price is showing signs of exhaustion. I’ll exit early if the RSI shows weakness or price gets rejected near 3.7700.
This setup is part of my RSI Divergence strategy — perfect for catching early reversals before the market fully shifts.
I’m waiting for a confirmation candle (such as a bullish engulfing or hammer) to enter. This trade setup offers a clean 1:2 risk-to-reward ratio with tight risk control.
Setup Details:
Entry: 3.7600 (above confirmation candle)
Stop Loss: 3.7500 (below divergence low)
Take Profit: 3.7800 (conservative R:R target)
RSI is currently recovering from the 30 level, volume is picking up, and price is showing signs of exhaustion. I’ll exit early if the RSI shows weakness or price gets rejected near 3.7700.
This setup is part of my RSI Divergence strategy — perfect for catching early reversals before the market fully shifts.
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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.