Price has reached a strong support zone on the 4H time frame and is currently forming a double bottom formation and also there is TDI divergence forming on the 1H time frame ,wait for a bullish reversal pattern such as a bullish engulfing candle or a morning star candle before looking for buy signal.
NOTE:If price breaks and closes below the support zone then the analysis is invalidated.
NOTE:If price breaks and closes below the support zone then the analysis is invalidated.