H4 - Price has reached the critical zone.
Expecting a bounce up as long as the trend line is holding.
H1 - Bullish divergence.
Invalidation: If the price breaks and holds below the uptrend line then this buy setup will be invalidated (false breaks can be neglected).
Expecting a bounce up as long as the trend line is holding.
H1 - Bullish divergence.
Invalidation: If the price breaks and holds below the uptrend line then this buy setup will be invalidated (false breaks can be neglected).
Note
*H1 - Potential bullish divergenceNote
H1 - If the price moves higher and breaks above the high at 1.30221, we may then expect pullbacks and then continuation up.We may then look for evidences of bullish pressure and then start looking for buys.
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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.