TF: Day
Another interesting setup. Some bullish divergence is forming on the stochastic and RSI while price action has been trading/consolidating from around December 10, 2019 to today.
However, something to note is that price is trading near the bottom of a broadening wedge that price has been trading in since December 2018.
Something I am keeping my eye on over the next few months
Another interesting setup. Some bullish divergence is forming on the stochastic and RSI while price action has been trading/consolidating from around December 10, 2019 to today.
However, something to note is that price is trading near the bottom of a broadening wedge that price has been trading in since December 2018.
Something I am keeping my eye on over the next few months
Note
Long trade active @ 1.03353 area with stop @ 1.0250
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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.