Why will I enter?!
Daily: Price is approaching a support zone. Stochastic is approaching the bottom of the stochastic. This tells me that price should test support again. Used Fib to track up to 50% of most recent high which near the resistance zone.
4 Hour: Stochastic is at the bottom of the line. This would normally tell me that price should test the support again. However, due to daily stochastic, I feel that price should still fall more before going up.
1 Hour: Stochastic is approaching the bottom of the line. This tells me that price should test the support again.
15 min: Stochastic is approaching the bottom. Tells me that price should test the support again.
5 min: Stochastic is at the bottom.
• Set Buy Limit @ 1.76236
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!