Pair is about to go up, but for now, it's still pressured by OIL price. This could be the last downtrend impulse...
Wait for:
- Bearish divergence, and
- Reversal bar pattern inside PRZ
Wait for:
- Bearish divergence, and
- Reversal bar pattern inside PRZ
Note
No divergence and no reversal bar pattern and finally price is above PRZ.... this setup is invalid.No trade here for now.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.