For:
1. Constant and strong day trend
2. Seems to reverse at support zone which around 0.5 fib ret
3. MACD is positive
4. RSI is also positive.
Against:
It is better to wait for the candle in the long direction to acknowledge the movement before entry.
Not a financial advice.
1. Constant and strong day trend
2. Seems to reverse at support zone which around 0.5 fib ret
3. MACD is positive
4. RSI is also positive.
Against:
It is better to wait for the candle in the long direction to acknowledge the movement before entry.
Not a financial advice.