Today we’re looking at another trading setup using our technical indicators, which are considered to be among the best indicators for TradingView. In particular, we’re using the Bottoms Tops Signal in combination with the Levels and Zones, and the RSI Exhaustion.
With the Bottoms Tops Signal and the RSI Exhaustion, we are able to identify what appears to be a very interesting opportunity. Moreover, the Levels and Zones indicator says that we are sitting just above a support. This might pose a problem in the initial phases of our fx strategy execution, however, if the price moves lower (as we are expecting) then, such support will turn into a resistance and so will play a huge role in pushing the price significantly down. As long as we play this forex trading setup safely, then we’re good to go.