The pair might be forming a great sell signal as we have a few confirmations looking on the H1 chart. What do I mean? Let’s see:
Technical Analysis:
H4 – Hidden Bearish Divergence forming
H1 – Short term down trend line, double cycle up, bearish divergence
Entry Sell Idea:
Divergence on the H1 has already so we can join in a bearish attempt.
Target 1: 0.8830
Target 2: 0.8730
Stop Loss: Protection above the trend line and resistance zone
Yours,
Vladimir
Hi Traders! Litecoin short term forecast and technical analysis is here. We do our analysis…
Hi Traders! Dow Jones short term forecast and technical analysis is here. We do our…
The new trading week begins after an extremely volatile period across global markets. Geopolitical tensions…
Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of March…
Oil prices rose more than 2% on Thursday, extending a rally as the escalating U.S.-Israeli war…
Hi Traders! GBPUSD short term forecast and technical analysis is here. We do our analysis…