Bullish Fivergence
Not financial advice.
If we take a look at the 4H chart we can see a bulish divergence on the MACD and RSI. The bands of the boinger bands are getting narrower signaling for a move. The price is also resting on the lower band which is acting as support.
In addition an inverse head and shoulders is forming signaling for a trend reversal.
If we take a look at the 4H chart we can see a bulish divergence on the MACD and RSI. The bands of the boinger bands are getting narrower signaling for a move. The price is also resting on the lower band which is acting as support.
In addition an inverse head and shoulders is forming signaling for a trend reversal.
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