as you can see in chart, there is an obvious cypher pattern in 1D TF but for opening a safe position check your MACD indicator in 4H TF and when the MACD line crossed the middle line you can safely open your long position.
target: around green line (61.8 fibo of last wave) stop loss; under the last bottom
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.