Price approaching an area where we have multiple confluences:
- 100EMA Support
- 78.6 Fibonacci
- Trendline Support
- Structure
Wait for buying pressure on smaller timeframe near the 78.6 fibonacci.
Safe entry would be after the break of the descending trendline.
- 100EMA Support
- 78.6 Fibonacci
- Trendline Support
- Structure
Wait for buying pressure on smaller timeframe near the 78.6 fibonacci.
Safe entry would be after the break of the descending trendline.
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