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.
Read full story
Translate to English Show original