Bullish Bias due the following confluences:
- Price Broke a recent support, and the RSI is diverging anticipating a liquidity grab.
- OBV Entry signal, the OBV is outside of the BB currently on the 4H, anticipating a close back in. Price is currently closed back in on smaller timeframes and momentum seems to be already shifting.
- RSI Diverging Currently
- Overall 4H market Structure seems to need a bigger pullback due to the overall downward move bouncing twice already now.
- Price Broke a recent support, and the RSI is diverging anticipating a liquidity grab.
- OBV Entry signal, the OBV is outside of the BB currently on the 4H, anticipating a close back in. Price is currently closed back in on smaller timeframes and momentum seems to be already shifting.
- RSI Diverging Currently
- Overall 4H market Structure seems to need a bigger pullback due to the overall downward move bouncing twice already now.