H2 time frame. Structure: The uptrend ended when the price broke the Key level at 1.14000. Wait for a retest and a bearish confirmation signal to find a selling opportunity. The profit target is the 1.12700 and 1.11200 price zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
We just tested the confirmation line as support lets see if we can pump to some fib extensions now.
RSI : 36 Volume : Needs to increase. Note : Falling Wedge Created and needs to break to confirm a reversal bull trend. Accumulation Area : 6 sats - 8 sats Distribution Area : Target 1 : 12 sats Target 2 : 16 sats Target 3 : 19 sats Target 4 : 22 sats Target 5 : 26 sats Target 6 : 33 sats Stop Loss : 5 sats Risk : High Capital Accumulation : 35 - 5% Need to follow...