The reasons i'd go long on this trade CONFLUENCE: 1)Double bottom formed on a strong weekly support 2)Buying pressure Good luck to everyone
The price came to our key level! These are reason i'd go short: 1)RSI divergence + overbought zone 2)The price broke through our trendline and it may retest it 3)Selling pressure around our key level 4)Impulse move on the 4h chart
Please correct me if i'm wrong
Hello everyone! This one of my first chart analysis after i learned what the trend lines are and some patterns/figures Please, feel free to correct me where i made mistakes or you have a different opinion!