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here in 1h chart we are getting lower lows with prices whereas oscillators are forming higher highs formation, which is sign of strong bullish divergence
the current drop is a healthy short term correction which is necessary for a strong rally
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notice the 97xx zone which I've mentioned several times in my ideas, strongly holding the supports
if you wait for 92xx level, maybe you could get disappointed, cuz there's no reason technically or fundamentally for a major drop in prices
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trend still looks so strong in daily as well as weekly charts, so better not to be a bear and go against the trend.
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Thanks for reading...
For the most profitable premium trading services DM me or contact me through twitter or telegram
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this is Husain Zabir, signing out
Thankyou...
--------------------------------------------------------
here in 1h chart we are getting lower lows with prices whereas oscillators are forming higher highs formation, which is sign of strong bullish divergence
the current drop is a healthy short term correction which is necessary for a strong rally
--------------------------------------------------------
notice the 97xx zone which I've mentioned several times in my ideas, strongly holding the supports
if you wait for 92xx level, maybe you could get disappointed, cuz there's no reason technically or fundamentally for a major drop in prices
--------------------------------------------------------
trend still looks so strong in daily as well as weekly charts, so better not to be a bear and go against the trend.
--------------------------------------------------------
Thanks for reading...
For the most profitable premium trading services DM me or contact me through twitter or telegram
--------------------------------------------------------
this is Husain Zabir, signing out
Thankyou...
