Price reached the demand zone forming a symmetric triangle with bearish impulse at same time the demand level formed equal lows which indicates liquidity.
Inside the channel we also got a bullish engulfing pattern that could trigger the breakout of the trendline to the upside.
My prediction for this is fakeout to the downside then all the way up.
For better entries always wait for break and retest and some other confluences.
Inside the channel we also got a bullish engulfing pattern that could trigger the breakout of the trendline to the upside.
My prediction for this is fakeout to the downside then all the way up.
For better entries always wait for break and retest and some other confluences.