Looking at the 4hr chart specifically, this pair has had 4 indecisive candlesticks on the trendline. I believe this will result in a strong bullish movement making a higher high. RSI indicator is also showing that this pair has been oversold.
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.
