ADAUSD Potential for Bullish Rise| 20th January 2023Looking at the H4 chart , my overall bias for ADAUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market.
Price has tapped into my pullback buy entry at 0.3294, where the overlap support and 38.2% Fibonacci line is. Stop loss will be at 0.3067, where the support and 50% Fibonacci line is. Take profit will be at 0.3808, where the overlap resistance is.
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