On the Daily Chart (right), we have the potential Bullish Flag Pattern forming. If Flag Pattern didn't happen, a retest on the support line at 1.1937 with an RSI Divergence gives traders who are looking for a buying opportunity a push to enter the trade.
On the 4-hourly chart(left), the parallel channel meets at the same price region of the daily chart at 1.1932, which definitely brings me interest in waiting for a retest and waiting for a buying opportunity.
On the 4-hourly chart(left), the parallel channel meets at the same price region of the daily chart at 1.1932, which definitely brings me interest in waiting for a retest and waiting for a buying opportunity.
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