Daily chart shows Bullish engulfing off Support zone in green
4hr chart has double bottom and RSI divergence
Market structure showing Higher High.
IF theres a BULLISH engulfing candle off the 38.2 fib this would be bullish (hyper) and a buy signal.
Wait for confirmation by seeing where the bulls are in control of price action. It could be previous zone @ 61.8 fib
STOP below
.28c
4hr chart has double bottom and RSI divergence
Market structure showing Higher High.
IF theres a BULLISH engulfing candle off the 38.2 fib this would be bullish (hyper) and a buy signal.
Wait for confirmation by seeing where the bulls are in control of price action. It could be previous zone @ 61.8 fib
STOP below
.28c
Commentaire:
Structure looks like a bull flag on the 6hr chart.