Price is pulling back to the entry point for cypher which triggered late Friday before close. Seeing how strong price reacts to that zone in the past I am expecting the price to retest previous engulfing candle/ entry zone and move towards the Cypher TP zone in which we can look to follow the trend downwards for a short opportunity around the fib confluence or the Key zone.
Handel aktiv:
Now price is respecting zone i am now entering a long position
Trade stängt: målet nått