Time Frame: 9H
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 105.749.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 106.580 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
ความคิดเห็น:
I am confident in this trade so I will keep it open!
✅JOIN FREE TELEGRAM: t.me/signalsproviderfx
💰FREE & PREMIUM SIGNALS: t.me/signalsproviderfx
🌐WebSite: www.signalprovider.org/
🔝Best Broker: icmarkets.com/trading-markets/forex/?camp=51166
💰FREE & PREMIUM SIGNALS: t.me/signalsproviderfx
🌐WebSite: www.signalprovider.org/
🔝Best Broker: icmarkets.com/trading-markets/forex/?camp=51166