Possible stop below last pivot low or under a strong source of support.
Resistance noted right at price. If price makes it through this level, it could become support.
This may also be an ABC bullish pattern with A at 84.83. In an ABC bullish pattern C can fall around the .786 of AB but not always. Best to wait until there is evidence price stopped at C as it can go lower. This one stopped near an area of confluence and very close to a prior bottom.
No recommendation.
I do not feel comfortable entering at this level as I do not see strong support close enough for me to feel comfortable. We are all different. If price does not pull back some, then "oh well", I missed it )o:
Trading can be a waiting game.
Resistance noted right at price. If price makes it through this level, it could become support.
This may also be an ABC bullish pattern with A at 84.83. In an ABC bullish pattern C can fall around the .786 of AB but not always. Best to wait until there is evidence price stopped at C as it can go lower. This one stopped near an area of confluence and very close to a prior bottom.
No recommendation.
I do not feel comfortable entering at this level as I do not see strong support close enough for me to feel comfortable. We are all different. If price does not pull back some, then "oh well", I missed it )o:
Trading can be a waiting game.