Price has formed HH and HL on the weekly and daily timeframes. Price has bounced several times off the 150.500 support level. The daily and 4 hour candles are showing weakness around the support level. Candles bouncing off the support level will meet many confluences - Fibonachi - Whole number - 3rd bounce off trend line and many more - HL formation - Double bottom to the previous candle
Comment
⋅
Not the best of trades..Moving on to the next one.