Like we can see ther is a bounce RSI green area on this box. When price come in there is some impulse to buy.
On daily we have some divergence (very small), bigger on lower time frame.
On 8h the divergence is much bigger
So, can we really expect a reverse down of the dollar soon or is dollar going up into a new channel ???
Trade your plan - if you dont have any, avoid to trade - stay safe
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On daily we have some divergence (very small), bigger on lower time frame.
On 8h the divergence is much bigger
So, can we really expect a reverse down of the dollar soon or is dollar going up into a new channel ???
Trade your plan - if you dont have any, avoid to trade - stay safe
Thanks for clicking the like button. In case of another view, questions or comments ? share it with pleasure More ideas following. Click the follow button to keep updated when I publish new ideas or update already published ones.
Thanks for your visit !
Update status
Comment:
(Warning. I am a private trader. I don't sell any signals, equipment or other sources of learning about forex . I am here to share ideas based on technical analysis to improve me on Forex practice. Trading forex is dangerous and can result in significant financial losses. So I am not responsible when the results of the positions to be taken on the basis of my charts since these constitute no basic signals but simply my own market analysis. As i always says, trade your plan and if you don't have any, avoid trading.)
