Big imbalance after Fridays sell off. Bounce off of golden fib @ 1.168. Could be a nice RR trade as shown. Support has not been identified clearly as resistance yet so would like to see this price level highlighted tested.
Tip: The way I trade I look for rejection candles on large time frames or a reversal pattern. will enter on that development if not we can see price drop further and become blood shed.
Good luck traders. Please manage your risk.
Tip: The way I trade I look for rejection candles on large time frames or a reversal pattern. will enter on that development if not we can see price drop further and become blood shed.
Good luck traders. Please manage your risk.
Comment:
Still waiting for a reversal pattern for entry