D1 - Price is bouncing higher from a strong support zone where the psychological 0.85 level coincides.
Bullish divergence.
No opposite signs.
H4 - Bullish trend pattern followed by a correction.
Bullish convergence.
Until both the strong support zones hold my view remains bullish here.
H4 - Price respected the bottom of the range and is bouncing higher.
Bullish divergence.
Expecting the price to continue higher further after pullbacks.
STML has formed a classic bullish divergence in which the price is making lower lows while the oscillator associated (in this case the RSI) is making higher lows. Another 'hidden' version of this exists and i am doing my best to try find an example of this.
D1 - Triple cycle down, price reached a critical zone, potential bullish divergence.
H1 - Triple cycle down, price reached the critical zone and is moving higher, bullish divergence.
If the price moves higher and breaks above the high shown in the chart we may then look for pullbacks and buys with more bullish evidences.
Invalidation: This buy setup is valid...
