I do not like this zone. Fibs is showing a pickup at 0.786. But it's right at a point of massive contract volume. Anything can happen around there...
If you see clear reversal at M15 and strong bullish momentum it's safe to buy from zone to zone. Be careful at the hourly ceiling and the hourly floor. When it gets there we need clear reversals in H1. Don't forget baerish has been dominant last week..
The floor beneath all the way down is still dominant. (2330)
If you see clear reversal at M15 and strong bullish momentum it's safe to buy from zone to zone. Be careful at the hourly ceiling and the hourly floor. When it gets there we need clear reversals in H1. Don't forget baerish has been dominant last week..
The floor beneath all the way down is still dominant. (2330)
Note
Idea long! I want to see this break through the ceiling once again and enter in the first H1 zone above the new range.It has expanded, it has consolidated and now should be trending
Note
Didn't break the zone and went the other way. I don't like Fibs day. But I would only go for buys in here. Might find something later on.
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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.