Trend reverse in COMPUSDT

31 Eki 2020

A look at the Daily TF shows a clear divergence signaling a possible reverse in trend, Going down to the 4H TF we can also notice a weakening in bearish momentum which confirms the divergence from the Daily TF. If the market breaks through the different color rectangle, that is likely an early signal of reverse in trend in the bullish direction. A retest of the breakout zone from the 4H TF should be a good buy signal to ride the trend. Happy Trading, Stay Inspired.