This is a Trade Idea Based on Pullback Levels and Golden zone of Fib, I'm looking for a buy opportunity around the 2633-2630 range on the 4-hour chart. To enter this trade, confirmation is essential. I'm looking for confirmation on a lower time frame, such as the 30-minute chart. An ideal confirmation would form a 'W' pattern, preferably with a higher low in the...
This trade idea is based solely on Price Action. I observed that oil has broken the previous neckline, and I expect a pullback to the golden zone of the Fibonacci retracement for the previous leg. Before entering the trade, I'm looking for confirmation on a lower time frame, such as the 30-minute chart. An ideal confirmation would form a 'W' pattern, preferably...