The market retest the bullish bat pattern. The bat pattern provides a potential reversal zone (PRZ) from 1.60217 to 1.59640. Because RSI divergence shows up in four hour chart, I mark that as a confirmational long signal. However, we can see the market low point is getting lower and lower, it is not a good signal for a long trade. Please be careful for the risk management.
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Have a Happy New Year’s Day
Additionally, have a Great Deal of happy days ahead of this year.
Keep Healthy and blessed!
Please follow me to know my trade ideas everyday!
Have a Happy New Year’s Day
Additionally, have a Great Deal of happy days ahead of this year.
Keep Healthy and blessed!
