Hi Traders,
Nice opportunity on 1H chart.
After breaking a major support to the downside, prices look like has reached a point of exhaustion with RSI oversold and tried to push down 3 times creating a triple top.
RSI is showing a bullish divergence so I am entering long with profit target at the retest of previous support becoming resistance at 0.96600's.
If you find it valuable please like !
Good trading !
Nice opportunity on 1H chart.
After breaking a major support to the downside, prices look like has reached a point of exhaustion with RSI oversold and tried to push down 3 times creating a triple top.
RSI is showing a bullish divergence so I am entering long with profit target at the retest of previous support becoming resistance at 0.96600's.
If you find it valuable please like !
Good trading !
Comment:
Quick UPDATE on TITLE : was meaning TRIPLE BOTTOM instead of TRIPLE TOP.
Trade closed: target reached:
BREAK-EVEN AFTER TARGET 1 REACHED (Front running Previous structure at 0.9620)
