Strong buying pressure on higher TF
Trendline (blue) breakout and wait for retest before we are going long.
The ideal area for going long
-trendline (red)
-daily support area
-61 fibo retracement
And still, we need buying signal/price action in that area before we execute.
Trendline (blue) breakout and wait for retest before we are going long.
The ideal area for going long
-trendline (red)
-daily support area
-61 fibo retracement
And still, we need buying signal/price action in that area before we execute.