Reason for bias:
1. Obvious downtrend on hourly
2. Bullish USD sentiment (Most important imho)
3. FIB level lines up perfectly with pullback zone 2
4. Zone 1 is a strong level with prior support and resistance.
1. Obvious downtrend on hourly
2. Bullish USD sentiment (Most important imho)
3. FIB level lines up perfectly with pullback zone 2
4. Zone 1 is a strong level with prior support and resistance.
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Related publications
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.