Here we see price pushing down to a buy level with a few confirmations making this a consideration for a high probability setup:
- test of fresh demand level
- which also happens to be the retest of the trendline resistance turned support
- and a high volume node which acts as support
- as well as a bullish harmonic pattern formation
looking for a 3:1 risk reward trade here, with risk below the demand level and target at next supply zone.
- test of fresh demand level
- which also happens to be the retest of the trendline resistance turned support
- and a high volume node which acts as support
- as well as a bullish harmonic pattern formation
looking for a 3:1 risk reward trade here, with risk below the demand level and target at next supply zone.