I think that if we break this trendline after a bounce on the golden pocket, we can open long if there is volume supporting breakout. Another thing is it is now bouncing on the ema ribbons and is lining up with fibonacci golden pocket 0.618. Give me feedback on this analysis.
I think that if we break this trendline after a bounce on the golden pocket, we can open long if there is volume supporting breakout. Another thing is it is now bouncing on the ema ribbons, but that made my setup messy so i removed it. Give me feedback on this analysis.