Fading bullish momentum --> Reversal in the making
1.466 was the level everyone was watching and price is now showing all the typical reversal signals.
The MA held nicely so far and a break of the MA is the final piece to the puzzle.
- Strong rejection
- RSI divergence
- A move into the outer Bands followed by the turnaround
The MA held nicely so far and a break of the MA is the final piece to the puzzle.
I have been trading for 15 years!
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> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
> Free weekly trading webinar: www.tradeciety.com/webinar/
> Free blog: www.tradeciety.com/blog