XLMUSD - 4H - Hidden bullish Divergence
Updated
NOT A FINANCIAL ADVISOR!
I am expecting XLMUSD to head higher due to a Hidden Bullish divergence on the RSI.
Awaiting to see if it creates a higher high on the price or not! :)
I am expecting XLMUSD to head higher due to a Hidden Bullish divergence on the RSI.
Awaiting to see if it creates a higher high on the price or not! :)
Note
Interesting that it only retraced 50%!Note
XLMUSD - 4H must decide here soon.Either RSI Support+price support break down for a drop, or a further move higher...
I am more inclined for a drop unfortunately due to the double top price action and the Daily RSI.
Trade closed: target reached
Am I selling? - regardless of my bearish opinion, not really! :)Note
Actually, I am 50:50 here...I see a possibility for a Cup and Handle. Creating a new idea and linking it to this one.
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