Following a 95% correction and oversold condition (orange columns) on the above 1-day chart we now have an incredible buy opportunity.
Some facts of the chart:
1) Regular Bullish divergence (blue line) between price action and money flow index.
2) Point (1) together with following increasing volume - bullish.
3) Hidden Bullish divergence (orange line) - this occurs with higher highs in price action together with lower lows in Stochastic RSI - very bullish.
4) Dragonfly DOJI on hidden divergence.
5) Higher lows on supporting trend line.
The 2-day dollar chart - Dragonfly DOJI
Some facts of the chart:
1) Regular Bullish divergence (blue line) between price action and money flow index.
2) Point (1) together with following increasing volume - bullish.
3) Hidden Bullish divergence (orange line) - this occurs with higher highs in price action together with lower lows in Stochastic RSI - very bullish.
4) Dragonfly DOJI on hidden divergence.
5) Higher lows on supporting trend line.
The 2-day dollar chart - Dragonfly DOJI
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Yorum:
3-day USD chart prints a regular bullish divergence after price action breaks out of falling wedge pattern.
Yorum:
Bollinger Band constriction is indicating a big move is imminent.
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BTC
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Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR