Currently from what I can see, price has broken trend line and retested.
We also have the .38 fib in the same area.
On H1 price has rejected 200MA.
I have ben waiting for candlestick formation, and we have a hammer formed indicating sellers tried to push price down however buyers took control.
We then have a strong bullish candle follow.
This is enough reasoning and confirmation for me to enter this trade. I am in.
We also have the .38 fib in the same area.
On H1 price has rejected 200MA.
I have ben waiting for candlestick formation, and we have a hammer formed indicating sellers tried to push price down however buyers took control.
We then have a strong bullish candle follow.
This is enough reasoning and confirmation for me to enter this trade. I am in.