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US30 4H 'LONG'
Bounce off major support established in March of 2020.
Observed regular divergence on 4H chart with hidden divergence at same time as regular divergence observed.
Entry: 34185.00 (Bounced off 50% Fibb level)
Stop Loss: 33950.00 (Just below 61.8% Fibb level)
TP1: 33500.00
TP2: 33600.00
Will be watching this trade VERY closely for potential reversal to the downside.
Observed regular divergence on 4H chart with hidden divergence at same time as regular divergence observed.
Entry: 34185.00 (Bounced off 50% Fibb level)
Stop Loss: 33950.00 (Just below 61.8% Fibb level)
TP1: 33500.00
TP2: 33600.00
Will be watching this trade VERY closely for potential reversal to the downside.
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