On the 4 Hour Time frame for an upside confirmation: A double bottom formed perfectly, and A BOS is currently forming. RSI and MACD show a bullish divergence. A perfectly structured MA on the MACD shows an upward trend. The 1 1-hour time Frame has a resistance which would likely be broken due to multiple tests and rejections.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.