on DAILY: USDCZK is sitting around a strong support zone so we will be looking for objective buy setups on lower timeframes.
on H1: USDCZK is currently forming a wedge pattern (not valid yet) so we are waiting for a new swing to form around our upper trendline to consider it valid and then enter on its break upward.
we also have a regular bullish divergence adding more confluence to our buy setup.
on H1: USDCZK is currently forming a wedge pattern (not valid yet) so we are waiting for a new swing to form around our upper trendline to consider it valid and then enter on its break upward.
we also have a regular bullish divergence adding more confluence to our buy setup.
This analysis is done using RichTL
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www.RichTL.com
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