Confluence of two major support levels(Previous major swing high on daily and weekly charts)
50% retracement level for the bullish wave starting from january
161.8 extension for the latest bullish pullback (wave AB)
Bullish divergence on RSI
Waiting for my final confirmation to go long. Alternatively if it breaks lower, would look for final confirmation to go short. Will be updating on confirmation...
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Comments
TradeYodha
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Nice one mate. One question: what kind of confirmation do you usually wait/look for?