I'm waiting for this to hit that 119.104/118.432 area and bounce back yo to the 120/121 levels.
If market get to the 119/118 zone il looking for a bullish engulfing candle to show that the bulls are taking over. If market/candle doesn't get there my next area i'm looking to open at is 120.004. Once a candle closes above that area i'll be looking to enter a long.
I got my future target area by measuring the size of previous ranges to indicate to me future ares. My targets are labelled.
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.