Although this is not my usual Sideway Bounce setup, I do recognise that the market has created an important support level for trend traders who are looking for buying opportunities to jump right into it.
Since the setup is on the 1hourly chart, 8 am (GMT+8) is a good time to look at this setup for further confirmation.
Since the setup is on the 1hourly chart, 8 am (GMT+8) is a good time to look at this setup for further confirmation.
Nota
The RSI Hidden Divergence is not a favourable sign for traders who are looking to long the trade.
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