Good risk management. The majority are selling but I'm buying.
Good Risk management. The majority are selling but I'm buying.
Price has retraced to a strong support level on and has shown price action on the m15. Price has also retraced to the 50% fib zone on the 4hr time frame.
Price has broken a strong resistance and has now come back to retest the 50 fib zone. price action on M15 time frame.
Bullish momentum. Price has broken a previous high on the 1hr time frame. Price has retraced to the 61.8 fib zone showing price action on the m5 timeframe. I believe that the bullish momentum can break the strong resistance after rejecting it a number of times. I could be wrong so good risk management is always important.
Price has broken a strong support and has retraced to the 50% fib level. Price action has also happened on the m15 time frame.
Strong resistance has been broken. Price has pulled back into the 50% fib zone and has shown price action on the 30min timeframe.
Previous highs have been broken. Price has pulled back into the 61.8 fib zone and is showing wick rejections on the m15 time frame.
Price has reversed from a major support zone. Previous highs have been broken. Price has pulled back into the 61.8 fib zone and has shown price action on the m5 time frame.