Going to a lower timeframe (1hr), we can clearly see that the price is respecting a minor trendline to the downside.
A perfect entry should be when the price breaks and retests the trendline to the upside as indicated on the charts.
You can also see the first target level and the second target level on the chart, providing we see a good price reaction at the first target level the second target level will be good to go.
A perfect entry should be when the price breaks and retests the trendline to the upside as indicated on the charts.
You can also see the first target level and the second target level on the chart, providing we see a good price reaction at the first target level the second target level will be good to go.
