NOT A FINANCIAL ADVISOR!
I am expecting XLMUSD to head higher due to a Hidden Bullish divergence on the RSI.
Awaiting to see if it creates a higher high on the price or not! :)
I am expecting XLMUSD to head higher due to a Hidden Bullish divergence on the RSI.
Awaiting to see if it creates a higher high on the price or not! :)
Note
Interesting that it only retraced 50%!Note
XLMUSD - 4H must decide here soon.Either RSI Support+price support break down for a drop, or a further move higher...
I am more inclined for a drop unfortunately due to the double top price action and the Daily RSI.
Trade closed: target reached
Am I selling? - regardless of my bearish opinion, not really! :)Note
Actually, I am 50:50 here...I see a possibility for a Cup and Handle. Creating a new idea and linking it to this one.
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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.