FOR LONG SET UP: 1.)Price already breakout from downtrend. 2.)Price making a pullback. 3.)Wait for any candlestick pattern to form at RBS zone.
FOR SHORT SETUP. 1.)Might be false breakout for an uptrend. 2.)Price is rejecting the 0.78 FIBO. 3.)Price still rejecting the multiple tested past resistance zone.
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.