Potential bullish divergence on the 4 hourly stochastic RSI. Will it play out or no?
Comment:
Additionally, as you can see we are in another descending convergent structure (I am reluctant to call it a wedge).
Comment:
Furthermore, if we zoom out to the daily volume is diminishing and we are approaching what I believe could be an important daily ascending trendline that is confluent with our wedge like structure.