The blue box criteria:
- An orange support line which now becomes resistance
- Round number 1.06000
- A perfect Cypher pattern
- Lower timeframes RSI Divergence
There is also a possible breakout trade opportunity, wait for a counter trendline break, at least 1H candle close, perfect would be 4H candle close below the counter trendline:
Please, take a second and support my idea post by hitting the "LIKE", it is my only fee from You!
Have a nice day,
Best regards!
*This information is not a recommendation to buy or sell, it is used for educational purposes only!
- An orange support line which now becomes resistance
- Round number 1.06000
- A perfect Cypher pattern
- Lower timeframes RSI Divergence
There is also a possible breakout trade opportunity, wait for a counter trendline break, at least 1H candle close, perfect would be 4H candle close below the counter trendline:
Please, take a second and support my idea post by hitting the "LIKE", it is my only fee from You!
Have a nice day,
Best regards!
*This information is not a recommendation to buy or sell, it is used for educational purposes only!
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