We have the following factors:
Wait for:
4h / 1h trend change confirmation pattern or a good price action at role reversal zone
Otherwise I wouldn't advice taking this trade, since the downtrend is very strong and may continue.
Cheers!
- Monthly support
- Daily Role Reversal Zone at 50-61.8 Fib.
Wait for:
4h / 1h trend change confirmation pattern or a good price action at role reversal zone
Otherwise I wouldn't advice taking this trade, since the downtrend is very strong and may continue.
Cheers!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.