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Reversal Signs on Divergence
Bullish Divergence forming after two large dips in oversold region on 1HR candles (30 min candles used here for clarity) accompanied by bearish descending triangle.
I can easily see a break down out of triangle just to reset RSI followed by quick up.
Stop @ 40.5
My triangle is sloppy, apologies.
I can easily see a break down out of triangle just to reset RSI followed by quick up.
Stop @ 40.5
My triangle is sloppy, apologies.
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