Setup: Possible bottom. Two failed breaks below 0.79 + RSI bullish divergence.
Signal: Waiting for daily close above down trendline
Plan B A weekly close below 0.79 shows long term downtrend stil in tact
Signal: Waiting for daily close above down trendline
Plan B A weekly close below 0.79 shows long term downtrend stil in tact
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Signup to my newsletter:
tradingwriters.substack.com/
Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
tradingwriters.substack.com/
Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
Related publications
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.