Recently we had a Bullish Shark pattern completed with confluence of RSI Hidden Bullish Divergence.
We waited for a Price breakout of the Triangle to take an entry. However our entry was not triggered because price broke on downside of the rising wedge during inventory.
Now we have formed a Classical Bullish Divergence.
We need to wait for a Candle Close...
We have Bearish Pattern in formation. We have completed C leg. Possible Bearish CPB idea is too out of sight now.
Faster KUMO showing order imbalance and pointing up showing bulls in favour. Price is out of Cloud.
We also have a Candlestick Buy signal from H4 TF.
Summing all this up with Output Cut news we look good to test 49USD levels again.
