Bullish Indications
1- HH & HL
2- Bullish engulfer
3- Moving within channel S&R
Bearish Indications
1- Price is still within 1D support zone
2- Resistance from 0.618 Fib level
I am long biased, however if 0.618 Fib level (HH) is not broken) then sell below this level with trade plan mentioned on chart.
Please support this idea with comment and like.
Thanks and Good luck
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.
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.