Pair has created a bullish divergence on the h4 chart which is a reason to believe we might see a continuation up. Here is my idea to join the bulls:
Technical Analysis:
H4 – bullish convergence
H1 – bullish hidden divergence already forming
Entry
Wait for the price to reach the buy zone as marked on the screenshot and go long with a bullish candle pattern
Yours,
Vladimir
When you open a Forex trade, you may be focused on one thing: Will price…
The Forex market is open around the clock during the trading week, but that does…
Losing a Forex trade is part of trading. Even a well-planned setup can fail. The…
Many Forex traders spend years searching for the perfect strategy. They study indicators, learn technical…
The latest Federal Reserve developments have shaken the currency and precious metals markets, bringing the…
Forex trading is not simply about finding the right entry. You can have a well-designed…