This confluence is really surprising here. We've got so many variations of support with price action majorly oversold.
1. Major Monthly Support Line
2. Reaction Line 2 based off red pitchfork line
3. Lower Median line from an Action Reaction Multi Pivot Line
4. Warning Line 2 support from Red Pitchfork
Now Price Action show major liquidation spike, followed by pause at WL 1 and a less powerful second leg into all these support zones.
I'm looking for a strong spike rally to at least 1.8847 possibly following the same angle as reaction line 2
Stop Loss is virtually nothing great R/R. I'll be buying here.
1. Major Monthly Support Line
2. Reaction Line 2 based off red pitchfork line
3. Lower Median line from an Action Reaction Multi Pivot Line
4. Warning Line 2 support from Red Pitchfork
Now Price Action show major liquidation spike, followed by pause at WL 1 and a less powerful second leg into all these support zones.
I'm looking for a strong spike rally to at least 1.8847 possibly following the same angle as reaction line 2
Stop Loss is virtually nothing great R/R. I'll be buying here.