From the weekly time frame market as been breaking structure to the upside confirming the bullish trend.
On daily there is a pull back to a SnR zone at 0.382 fib level, in which market as find demand.
We will now wait for a break of counter trendline for our entry.
A BULLISH ENGULFING CANDLE break of the counter trendline. And we might get RSI divergence which will add as additional confluence to go long.
On daily there is a pull back to a SnR zone at 0.382 fib level, in which market as find demand.
We will now wait for a break of counter trendline for our entry.
A BULLISH ENGULFING CANDLE break of the counter trendline. And we might get RSI divergence which will add as additional confluence to go long.
Order cancelled
market broke through the support zone invalidating the set up
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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.