The resistance trend line was broken so we can wait for a confirmation of support and then a possible long position.
I use Fibonacci to evaluate my TP levels but also take previous resistance and support into consideration.
ALWAYS WAIT FOR CONFIRMATION!
DISCLAIMER: I do not recommend using this idea to trade since I am an amateur, just here to learn from comments and to interact with people, I am very interested in learning this market.
Other reason for me to publish this is to track my development, hope you understand!
Not even I trust my analysis please don't be the one to trade on them!
DISCLAIMER: I do not recommend using this idea to trade since I am an amateur, just here to learn from comments and to interact with people, I am very interested in learning this market.
Other reason for me to publish this is to track my development, hope you understand!
Not even I trust my analysis please don't be the one to trade on them!
DISCLAIMER: I do not recommend using this idea to trade since I am an amateur, just here to learn from comments and to interact with people, I am very interested in learning this market.
Other reason for me to publish this is to track my development, hope you understand!
Not even I trust my analysis please don't be the one to trade on them!
DISCLAIMER: I do not recommend using this idea to trade since I am an amateur, just here to learn from comments and to interact with people, I am very interested in learning this market.
Other reason for me to publish this is to track my development, hope you understand!
Not even I trust my analysis please don't be the one to trade on them!
DISCLAIMER: I do not recommend using this idea to trade since I am an amateur, just here to learn from comments and to interact with people, I am very interested in learning this market.
Other reason for me to publish this is to track my development, hope you understand!
