XLMUSD - 4H - Hidden bullish Divergence

27 nov. 2020

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! :)

27 nov. 2020

Note

Interesting that it only retraced 50%!

29 nov. 2020

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.

29 nov. 2020

Trade fermée: cible de profit atteinte

Am I selling? - regardless of my bearish opinion, not really! :)

29 nov. 2020

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.