Price may change directions if you believe in the phenomenon known as fibonacci trading. This could be the next wave up on the hour 4 time frame.
This could also move back down to retest support.
Many traders always look for a retest before opening a trade. I believe this is wise.
All u cam do is use risk management if you decide to buy from this area.
This could also move back down to retest support.
Many traders always look for a retest before opening a trade. I believe this is wise.
All u cam do is use risk management if you decide to buy from this area.