Please let me know what you thing, your feedback is appreciated.
Classic Pullback Strategy.
Price is currently in a uptrend respecting the trend line and the 200EMA.
Price have retraced back to the 50% Fib Level
As price is at Support Zone we have to look for Price Action before jumping in, If the Support, Trend Line and 200EMa is broken we can look at a possible reversal.
Classic Pullback Strategy.
Price is currently in a uptrend respecting the trend line and the 200EMA.
Price have retraced back to the 50% Fib Level
As price is at Support Zone we have to look for Price Action before jumping in, If the Support, Trend Line and 200EMa is broken we can look at a possible reversal.