Daily and 4H trend continues to be upward.
A triangle is forming as a squeeze on 15m. Placed an entry at the bottom of the 1H support that coincides with the diagonal support as well as the 200MA. Stochastic also was in oversold region with a hook up into the blue zone as a potential sign of changing momentum. MACD cross also validates this hypothesis.
After...
Using the daily support and the descending triangle channel, we can do a small long but high margin trade upon more confirmations - eg close of bullish candle at the support.
