Hi traders,
On 4 hour timeframe the RSI shows double bottom, therefore we expect the price to increase and then to pullback and create a higher low.
If it happens we should get some sort of bullish divergence, which would be the confirmation to take the long position.
Good luck
On 4 hour timeframe the RSI shows double bottom, therefore we expect the price to increase and then to pullback and create a higher low.
If it happens we should get some sort of bullish divergence, which would be the confirmation to take the long position.
Good luck
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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.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.