Price entering liquidity zone which coincides with 71-78 fib golden zone. Potential long towards 61.8.
Confluence 1: Price enter area of value, fib golden zone 71-78 Confluence 2: golden zone coincides with liquidity zone as it is a key level. Look to the history price reacted with wicks at this golden zone multiple times. Confluence3: trendline potential Confluence 4: EMA 50 approaching. Price respected 50EMA twice in past.
Awaiting some sort of indecision showing price reacting to key level and enter.
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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.