I'm currently looking at Double Bottom that formed on 4H on EURUSD - we can use it as entry reason since, bearish trend stalled right at 1.414 minor fib inversion. We have RSI Div, that is another point for the counter trend opportunity.
We have a potential TC trading opportunity if price goes at the reversal zone - we have fibs cluster there + structure level. For those of you who are waiting for a place to hop onto the trend, then you should wait price to extend higher.
We have a potential TC trading opportunity if price goes at the reversal zone - we have fibs cluster there + structure level. For those of you who are waiting for a place to hop onto the trend, then you should wait price to extend higher.