oversold bounce
On the daily we can see it testing the daily 55 ema and this trendline.
we can see that its is oversold on 8 hrs
And on the 4 hours
On the smaller tfs we can see what I like to call "exaggerated" divergence, not quit a regular divergence buy the higher low on the rsi is more exaggerated than price action.
So I think the RR here is quite good for a long while using the lows as a mental SL.
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