Validating Technical Reversal Signals at Potential Reversal Zone (PRZ). 1. Convergence of extreme 113 XA, D point and 314 BC, D point projections in the PRZ. 2. The presence of 2 Bearish Engulfing candlestick formation at the lower high and higher high in the PRZ. 3. Divergence of price action in the PRZ and RSI reading. Price targets are at S1, S2, and S3 levels.
Dmtrv's Blog
USD/NOK BEARISH TECHNICAL OUTLOOK, HOURLY CHART
Dmtrv
Posted 24 Apr. as Analysis on USD/NOK, Target: 5.1000, Date: 3 von June, 12:00 GMT
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#Technical analysis
#USD/NOK
#Technical Analysis W Type Alternate Bearish Bat Pattern Formation With Complementary Fibonacci Specific Numeric Values
#2 Bearish Engulfing Candlestick Formations At Divergence Area
#And Rsi 7 Day Look Back