Hello traders, I just identified a bullish setup on the daily chart after a long day of work. The logic behind is quite simple:
1. Flip 2. Fib(50%-61.8% with entry and stop) 3. rally-base-rally demand zone
Give me a like if you're with this simple setup.
Trade safe and stay safe!
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The zone has been tested and price recovered a bit. However, I still need to watch.
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So busy to update the latest price movement. The setup worked well and now it approaching the opposition supply zone. Watch for the potential reversal move.