good RSI divergence here
look for either
close above 1 hr res or= buy back at same 1 hr res level
double bottom on 1 hr support= wait for higher low.
if we close below= dont buy.
look for either
close above 1 hr res or= buy back at same 1 hr res level
double bottom on 1 hr support= wait for higher low.
if we close below= dont buy.
Note
closed above.Note
Support now on 20ma.4hr previous resistance becomes support.
Good entry from here. Long if close is good.
Note
wait for close above on daily down trend line in green.if we close above here. new bull market returned.
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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.