old support!
PLNUSD 4H TF
PLNUSD has been in a downtrend for quite some while now and it finally may be time for a reversal or at least a pull back!
It is now at a crucial support and a Bullish hammer is also seen!
A good entry can be take ONLY IF a reversal is seen!
Then a short term target of TGT 1 can be set, or TGT 2 for a longer period!
Keep Trailing SL as his is a riskier trade!
A bullish RSI Divergence is also seen!
Maintain strict SL
Cmp-0.25967
Sl-around 0.25399
PLNUSD has been in a downtrend for quite some while now and it finally may be time for a reversal or at least a pull back!
It is now at a crucial support and a Bullish hammer is also seen!
A good entry can be take ONLY IF a reversal is seen!
Then a short term target of TGT 1 can be set, or TGT 2 for a longer period!
Keep Trailing SL as his is a riskier trade!
A bullish RSI Divergence is also seen!
Maintain strict SL
Cmp-0.25967
Sl-around 0.25399
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