Swing point developing, price needs to break daily high to complete the bullish swing.
Focusing on the 15min chart I have here, you can see price is consolidating in the Asian range, as usual...
Price had a nice reaction to the Fib sweet spot.
Red line is a recent daily support level.
The faded blue lines are key daily support levels
Orange line is the low of the potential swing point in question. In this area I will look to draw bullish fibs.
Looking at the 4hr you can see the past bearish swing, and its bearish fib sweet spot, which will be my long term target.
Focusing on the 15min chart I have here, you can see price is consolidating in the Asian range, as usual...
Price had a nice reaction to the Fib sweet spot.
Red line is a recent daily support level.
The faded blue lines are key daily support levels
Orange line is the low of the potential swing point in question. In this area I will look to draw bullish fibs.
Looking at the 4hr you can see the past bearish swing, and its bearish fib sweet spot, which will be my long term target.