Hey guys what's up? I hope you're doing well and already reached the 1million $ goal...so don't forget about me and give few bucks :D
So guys. The rectangle above the textbox "Support" is very strong support. Not only because we have tested it in the past, but also because it is the 0.23% Fibbonaci Retracement!
The green support-trendline that i've drawed in last time, was very important for us as you can see. I got broken and ,with high accuracy, retested!
Now! 1. Option: We have a small downwards trend and it will last till our big support! => possible long entry with very attractive CVR 2. Option: This big movement was alredy the begin of an upwards trend. And the 3 red candles after retestig the green trendline are not only the standart reaction of retesting a trendline, but also an correction of our big move! => possible long entry with good CVR
As you can see, both option are long! If you enter NOW, you have good CVR! If you WAIT for better entry you will get an awesome CVR, but you also can loose the entry right now!