A conflux of technical indicators supports a bullish bias.
Setup remains risky as it is only an expected counter-trend relief rally.
The blue line on the main chart is the lower two standard deviation range. Increasing probability for a relief rally as the price action is overextended to the downside.
MACD (lower panel) confirms a bullish trend direction.
Retracted from RSI oversold territory.
ADX forming a peak - hinting that the previous strong bearish trend is losing momentum. This might support a bullish price action.
Time to exit: +/- 13 September 2019
Setup remains risky as it is only an expected counter-trend relief rally.
The blue line on the main chart is the lower two standard deviation range. Increasing probability for a relief rally as the price action is overextended to the downside.
MACD (lower panel) confirms a bullish trend direction.
Retracted from RSI oversold territory.
ADX forming a peak - hinting that the previous strong bearish trend is losing momentum. This might support a bullish price action.
Time to exit: +/- 13 September 2019
手動でトレードを終了しました
Time exit reached
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