Strong buying pressure on higher TF
Trendline (blue) breakout and wait for retest before we are going long.
The ideal area for going long
-trendline (red)
-daily support area
-61 fibo retracement
And still, we need buying signal/price action in that area before we execute.
Trendline (blue) breakout and wait for retest before we are going long.
The ideal area for going long
-trendline (red)
-daily support area
-61 fibo retracement
And still, we need buying signal/price action in that area before we execute.
Disclaimer
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.
Disclaimer
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.