In the daily chart, we can see that price has surged up from Monday's pin bar at key support zone.
In H4 chart, we can see a break of the double bottom's neckline. Will the market retraces to 61.8% level for a 2618 trade setup? If market retraces to that level, it is also re-testing the high of that Monday's pin bar in daily chart providing us with a second chance entry if we have missed the earlier opportunity to go long at break of pin bar's head.
In H4 chart, we can see a break of the double bottom's neckline. Will the market retraces to 61.8% level for a 2618 trade setup? If market retraces to that level, it is also re-testing the high of that Monday's pin bar in daily chart providing us with a second chance entry if we have missed the earlier opportunity to go long at break of pin bar's head.