So we're currently making HH and HL, following uptrend for now.
What we have here
1) Trend: UP
2) VOLUME SUPPORT which means BIG PLAYER support
3) 3-rd trend line H4 rejection
4) 200 EMA H4 support
5) FiBO retracement 61.8
If you want to enter LONG. better use BUY STOP order here + wait for the price to go above 61.8 FIBO
What we have here
1) Trend: UP
2) VOLUME SUPPORT which means BIG PLAYER support
3) 3-rd trend line H4 rejection
4) 200 EMA H4 support
5) FiBO retracement 61.8
If you want to enter LONG. better use BUY STOP order here + wait for the price to go above 61.8 FIBO