Link retraced to an important confluence zone on a daily. We see a perfect match between a horizontal structure and 0.5 / 0.382 retracements of the last impulses.
To buy with a confirmation watch a falling wedge pattern on 1H time frame. You need a bullish breakout of its resistance (hourly candle close above) to confirm the breakout.
Goals will be 16.04 / 16.6
If the price breaks a blue zone to the downside, the setup will be invalid.
❤️Please, support this idea with like and comment!❤️
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.