Buy order just got hit on US CPI news.
Price seems to be in area with many confluences for a swing low and a buy entry, many price support, trendline support and 200 EMA-4h.
Also volume was decreasing (on daily chart) during this bearish trend while candles were getting bigger, good sign for potential reversal.
We'll see how it plays
Price seems to be in area with many confluences for a swing low and a buy entry, many price support, trendline support and 200 EMA-4h.
Also volume was decreasing (on daily chart) during this bearish trend while candles were getting bigger, good sign for potential reversal.
We'll see how it plays
Trade closed: target reached