1. Price is at previous resistance zone;
2. Divergence on RSI, and RSI is in oversold region
3. Good Risk-Reward ratio with SL a little below the 0.786 fib (a little below the inner bullish trendline)
Your likes and comments are welcome.
All the best traders, and do have a piptastic week... :D
2. Divergence on RSI, and RSI is in oversold region
3. Good Risk-Reward ratio with SL a little below the 0.786 fib (a little below the inner bullish trendline)
Your likes and comments are welcome.
All the best traders, and do have a piptastic week... :D
Comment:
+50 pips. Some resistance seen at 0.618 fib zone. Manage trade with care