Entered on H1 engulfing at the 38.2 fib level.
Momentum indicated a bullish continuation likely.
Higher highs and lower lows continued to be formed on lower timeframes.
Target was just above the next major area of resistance based on previous structure; -61.8
Momentum indicated a bullish continuation likely.
Higher highs and lower lows continued to be formed on lower timeframes.
Target was just above the next major area of resistance based on previous structure; -61.8
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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.