Daily
H4
What to do now?
Good Luck to all traders!!!
- decending triangle pattern formed
- key support on the retracement Fibo 0.236 LVL ( yellow zone )
- RSI shows ready to retracement at the level 30
H4
- RSI retrace at level 25.6 currently is 27 and shows the retracement is started
- MACD shows bearish momentum is exhaustion
- MACD line and the signal line ready to cross at the bottom
What to do now?
- Long the market immediately or
- Waiting for confirmation due to currently is retesting the support zone
- Please do your own proper risk management
Good Luck to all traders!!!
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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.
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.