So in this idea, I want to share my idea of this pair where I noticed two trend line with blow offs, so I'm expecting a long drop from the testing of the trend lines, so as we will be waiting for a touch on these trend lines which I'll be only entering a trade if the candle rejects around a circumference of the APEX. So while we wait there'll be a short sell to...
We have good confluences with this pair:
1.The price is overextended, we can expect a correction.
2. Also the price is retesting a supply zone, where we can expect a rejection to the downside.
Where can we expect the rejection to happen?
If we take fibonacci from low to the high we can see that the .50 and .618 level is align with estructure. We can expect the...
