Hi, price has continued to create LH (Green dot)
if price backtests OB+ which is also FIBO 38-50
could observe if bullish signal appears or has enough bullish momentum,
if does could consider it's a long entry price range,
as seen on chart, price backtested FIBO 38 and still has valid support so set SL here,
TP at Fibo 78.6 which is also the upper edge of consolidation now
Entry, TP, SL are just personal opinions, could adjust to fit your strategy,
All above is not investment advice!
if price backtests OB+ which is also FIBO 38-50
could observe if bullish signal appears or has enough bullish momentum,
if does could consider it's a long entry price range,
as seen on chart, price backtested FIBO 38 and still has valid support so set SL here,
TP at Fibo 78.6 which is also the upper edge of consolidation now
Entry, TP, SL are just personal opinions, could adjust to fit your strategy,
All above is not investment advice!
Order avbruten:
Lack bullish momentum, LL has formed