Hi Dat, I see Classic Bull Divergence on this pair, Could be an indication of a Pullback or Consolidation? It also could be hinting about a Reversal is near? It's one to watch at the moment. Price appears to be over extended on the Bearish side. What's you opinion?
@MAS-Trading, Any targets that I set to exit are always potential reversal point/zone for the previous trend. So, you are right, but it doesn't mean it would reverse the trend, sometimes it is just an exiting point (some buying activities) for a while (consolidations) then it goes again with trend. So it needs to observe to determine the feel of next moves. I will update soon in the weekend for next move if there are any obvious sign (if not we need to wait)