Price last week has respected Fibonacci levels of 61.8% with strong bullish pressure coming from this area of sensitivity. This week we should see bulls assert their dominance and continue this uptrend. Looking for possible long after price breaks resistance and comes back for a retest creating a support. Confirmation is always needed such as bullish engulfing bar or pin bar on lower time frames representing bullish pressure.
My post are for educational purposes. My post are not signals. Trade at your own risk! Happy Trading!
My post are for educational purposes. My post are not signals. Trade at your own risk! Happy Trading!