Might be entering a bit too early, but as we can see price has strugglrd in that zone since yesterday. Though it is in a downtrend, we are at a major area of Support, and we have formed a 4h lower high. Also, omn the 15 minute we can see price is struggling with the EMA. Also confirming our buys. lASTLY, We have created a little Demand area on the 1h. These are just my confluences for a buy
Note
This is a high risk trade, If you didn't enter, I suggest you wait for New York session as price MIGHT drop down to grab liquidity.Note
At 40 pips I am moving my Stops to BE. 1:3.3 RRNote
Stops at BE, if I het tired of the consolidation, I'll closeNote
BE TradeDisclaimer
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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.