4H trend chart
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Currently, price has built higher lows and just retested the downtrend line.
Also, these lows formed on Support zone, Fib(0.382) and Fib(0.618)
With obvious support signal, trading strategy as below.
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Profit Targets:
a) 12.921~13.303----Fib(1.272~1.382)
b) 14.123----Fib(1.618)
c) 15.450-----Fib(2)
Stop losses:
a) 9.885----Red horizontal ray
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Trading is a reflection of yourself, sometimes you need to take a step back to see more.
Learn more daily and Be ready for any opportunities daily.
Have a nice trading!
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🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
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→Join Teaching Group for free!(PM me)
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→Join Teaching Group for free!(PM me)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
