Taking a look at the 4hr chart, we have several technical indications that we may begin to see some short-term bottoming action.
1. RSI showing strong bullish divergence.
2. Strong Bullish Engulfing Candle.
With that said, I think if we get a dip within the next several candles, that may present itself with a decent low risk long entry to the upside.
That's it - That's all
Trade Safe
1. RSI showing strong bullish divergence.
2. Strong Bullish Engulfing Candle.
With that said, I think if we get a dip within the next several candles, that may present itself with a decent low risk long entry to the upside.
That's it - That's all
Trade Safe
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