Hi Traders,
On the H1 timeframe, I’m observing potential signs of a trend reversal:
🔹 A double bottom has formed on the chart
🔹 Bullish divergence is visible on the RSI
These are strong reversal signals.
📌 A Buy Stop entry could be a solid opportunity if price breaks above the previous Lower High (LH).
As always, follow the trade according to your own risk-reward strategy.
Trade safe and stay disciplined!
On the H1 timeframe, I’m observing potential signs of a trend reversal:
🔹 A double bottom has formed on the chart
🔹 Bullish divergence is visible on the RSI
These are strong reversal signals.
📌 A Buy Stop entry could be a solid opportunity if price breaks above the previous Lower High (LH).
As always, follow the trade according to your own risk-reward strategy.
Trade safe and stay disciplined!
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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.