Reasons I think this pair will rise:
- RSI was oversold on Daily and 4H Chart.
- Price gave us a double bottom which is a sign of trend weakness
- Trend line tested multiple times and may be suitable for a breakout
- Price printed a higher low after making contact with the trend line
What do you think?
- RSI was oversold on Daily and 4H Chart.
- Price gave us a double bottom which is a sign of trend weakness
- Trend line tested multiple times and may be suitable for a breakout
- Price printed a higher low after making contact with the trend line
What do you think?
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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.