Price broke out of resistance and found it's way back testing it as support.
Can support hold? Than we have a good opportunity for a long position.
The broken trend line aligns up with the 0.786 fib, history shows that this level holds as support a lot of times.
Can support hold? Than we have a good opportunity for a long position.
The broken trend line aligns up with the 0.786 fib, history shows that this level holds as support a lot of times.
Comment:
bingo
Trade closed: target reached