Waiting for the bullish Cypher to complete, this pair is now sitting on an area of support confluencing with the 50% Fib retracement of the Cypher's XC move.
On the lower timeframe (1h) there is double bottom with bullish RSI divergence.
Daily RSI is extremely oversold.
Action: buy at market and go for a single target at 38.2% Fib retracement of the AB leg of the AB=CD completing possibly at Cypher completion.
On the lower timeframe (1h) there is double bottom with bullish RSI divergence.
Daily RSI is extremely oversold.
Action: buy at market and go for a single target at 38.2% Fib retracement of the AB leg of the AB=CD completing possibly at Cypher completion.