๐ The Setup: Bullish Divergence on XAUUSD (15m/30m)
Buy only on Breakout
๐ Observation:
On the 30-minute timeframe, price made a lower low while the RSI indicator printed a higher low โ classic sign of bullish divergence ๐.
๐ก Translation: Bears are losing steam! Bulls may be preparing to charge in! ๐โก
๐ Trade Plan โ Long Entry
Buy only on Breakout
๐ Observation:
On the 30-minute timeframe, price made a lower low while the RSI indicator printed a higher low โ classic sign of bullish divergence ๐.
๐ก Translation: Bears are losing steam! Bulls may be preparing to charge in! ๐โก
๐ Trade Plan โ Long Entry
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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.