I am expecting a strong reaction off the current price zone, we recently made a swing high and are now in a retracement and I expect price to retest those highs to continue higher. This trade is based on the 1H and 4H timeframe.
4H fib markup :
In order to take this trade I am waiting on a buy signal from the indicator or a buy signal and retest of the RSI stops indicator trail.
Trade active
Bought
Note
Still holding trade we are reacting off the support level I am still expecting push to the upside
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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.