The market has formed a higher high and higher low indicating the possible start of a structure. Relying on one HH and HL is not enough for me so I will look to buy once another higher low has formed using price action. Take note that for now this chart is still greatly until the said conditions have been met.
Conservative traders will wait for confirmation and aggressive traders enter at market price. There are a few interesting factors at play here to consider:
1. Fibonacci zone
3. HH & HL
4. Aggressive traders can enjoy a low risk entry at current market price
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