Reason for Buy setup:
Confluences
1: 4H ema rejection / sellers exhaustion
2: 1H fib 61,8 lvl acted as support
3: 15min creating minor Higher Highs and Higher lows showing that momentum of price is shifting
Confluences
1: 4H ema rejection / sellers exhaustion
2: 1H fib 61,8 lvl acted as support
3: 15min creating minor Higher Highs and Higher lows showing that momentum of price is shifting
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.