3 confirmation.
1. RSI above 50 and above ema 200 that mean we are in the momentum of up trend.
2. Hidden bullish divergence
3. We haven’t reach wave3 extension, so it possible that price can go up to 8.25 $.
Price action and chart pattern trading setup
> Possible local trend bullish breakout after the confirmed supertrend pivot point
> Entry zone below volume profile point of control POC - 0.236
> target zone at 0.786 Fibonacci retracement - volume profile key resistance
> Stop loss at the lowest position
> RR 1.5: 1 for short term trade
Indicators:
> RSI bullish...
