DislikedFrom the chart i posted i can see a bullish divergence is that true supported by a pin bar in the 4H chart and the close is inside the triangle and it has tested this three times so what do u think?Ignored
If you really want my opinion into this, I have to go check what happened on 26.9 (with my brandyglasses on) and see that it made a higher low (as in yesterday) and after that a small upwards movement. Then it broke the trendline and dropped. Was there any divergence? What was the volume? There is a higher low made on yesterday, but the close was awfully low. I dont know man......Hope you dont have your retirement fund in this trade....
And.... on the other hand I see that H4 has been curving upwards on both the highs and the lows on H4. The trend (retracement?) seems to be losing its pace.....The only thing that makes me cautious at the moment is that pretty low close....
But as I said, I suck at these.....