Pretty simple setup here. NEOUSD is standing over previous bearish trend line and pulled back to the 0.618 fib level (all daily candles closed above it). Go time to long for a long term position.
However, I'll reevaluate if price goes below the 0.764 level.
The white line shows a strong resistance. If price breaks that level, I'll move a stop below it.
However, I'll reevaluate if price goes below the 0.764 level.
The white line shows a strong resistance. If price breaks that level, I'll move a stop below it.