My analysis is based off of market structure and the direction of price. First I checked the daily TF to see where price currently sits and the direction it is going. Then I checked the 4H TF for confluence. Once I established the direction of the market I then used the Fibonacci tool to measure price action. Based on market structure and technical analysis, I see a strong buy trade. Hope you see what I see!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.