Bullish divergence detected on 4hr chart. The liquidity below the divergence has been swept and market moving up. Bulls showing the edge at least in short term. Stop can be placed below sweeping candle and you can exit once stochastic indicator goes above 80 or use your own exit strategy.
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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.