DOCU with the premarket dump that has occurred has found its place sitting on the 4.618 fib circle line
Price from here will likely have a sharp recovery, back to the major trend line
Opportunity to grab these on the cheap
Price conveyed a strong downtrend, then it created a pennant, which is a continuation pattern.
And if you look at a greater picture, you'd see that price created lower lows, and it was far from reaching the previous high.
SL is crucial for this trade. Since it's a pre-market trade, the pips spread can widen at the start of the trading week. USDJPY's spread is...
