Looking to get back into STRAT around .00065:
It is the 0.5 Fib level retracement of the last move, the cloud sits there and also the Kijun which is a great place to enter on trending assets and this is in an uptrend in the short-term.
Also the target of the rising wedge that broke down is right there. A lot of confluence for this level.
Also the standard bearish divergences lead me to believe a retrace is needed.
It is the 0.5 Fib level retracement of the last move, the cloud sits there and also the Kijun which is a great place to enter on trending assets and this is in an uptrend in the short-term.
Also the target of the rising wedge that broke down is right there. A lot of confluence for this level.
Also the standard bearish divergences lead me to believe a retrace is needed.