hey guys,
on euro swiss, after a massive sell-off the market stopped approaching a significant level of support
forming a nice dodji candle and with oversold RSI.
also the market has entered a buying zone of a bullish cypher pattern.
on a 4h chart we have oversold rsi with divergence,
and formation of double bottom.
it give us an indication of a market exhaustion!
the initial target will be 1300.0
good luck!
Comment:
also we have a completed bullish bat pattern here
Comment:
going even lower, will be looking for other confirmation
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