Regular Bullish Divergence:
Price is making a higher low(HL) and the stochastic oscillator is making a lower low(LL) which is normally found at the continuation of an uptrend. I will be watching for price action to see if USDMXN will reject off of this trend-line.
Priceline is also at the "Golden-Zone" fib retracement, which makes a total of 3 confirmations for this buy position.
1. Bouncing off of current bullish trendline
2. Regular Bullish Divergence (Stochastic Oscillator) which shoes continuation of uptrend
3. Hitting "Golden Zone" for fib retracement
Price is making a higher low(HL) and the stochastic oscillator is making a lower low(LL) which is normally found at the continuation of an uptrend. I will be watching for price action to see if USDMXN will reject off of this trend-line.
Priceline is also at the "Golden-Zone" fib retracement, which makes a total of 3 confirmations for this buy position.
1. Bouncing off of current bullish trendline
2. Regular Bullish Divergence (Stochastic Oscillator) which shoes continuation of uptrend
3. Hitting "Golden Zone" for fib retracement
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.