Bullish Indicators:
1) HH HL
2) Upward trend
3) Support at 89.698
Bearish Indicators:
1) Bearish inside bar
2) Resistance zone at 92.670
3) Bearish divergence on RSI
4) Breaking of lower trendline
Plan: After making bearish inside bar and bearish divergence on RSI one can take a short position from here for the target of 89.698.
1) HH HL
2) Upward trend
3) Support at 89.698
Bearish Indicators:
1) Bearish inside bar
2) Resistance zone at 92.670
3) Bearish divergence on RSI
4) Breaking of lower trendline
Plan: After making bearish inside bar and bearish divergence on RSI one can take a short position from here for the target of 89.698.
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.
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.