-Weekly 26 EMA pointing upwards.
-Price on a previous key level that was test many times.
Long positions preferred.
-15 minute sideways movement with a shakeout forming a reverse head and shoulders pattern with a bullish breakout.
-Price entering the range after the breakout forming a MACD divergence.
Entry after the bullish movement that come after this pullback.
Stop loss below the 0.236 fibonacci price.
Target in the middle of the opposite negotiation area that happens to be just on the 1.618 fibonacci price.
-Price on a previous key level that was test many times.
Long positions preferred.
-15 minute sideways movement with a shakeout forming a reverse head and shoulders pattern with a bullish breakout.
-Price entering the range after the breakout forming a MACD divergence.
Entry after the bullish movement that come after this pullback.
Stop loss below the 0.236 fibonacci price.
Target in the middle of the opposite negotiation area that happens to be just on the 1.618 fibonacci price.