Get ready for entry, you advance pattern traders out there !
There is a structure level that could stop us reaching our D point. However it seems like the market wants to make it, hopefully it will. Also, RSI is at 30% meaning it has still some strength to go down 90 pips.
If D is reached we're for a nice move up trend, target one is at 0.618 of CD move, and at previous structure. Target 2 could be at C point. Don't think it's going to make it that far but we'll see.
I have the trade case for entry and target placement in the "related ideas" section.
Good Luck traders,
alphabetacharlie
There is a structure level that could stop us reaching our D point. However it seems like the market wants to make it, hopefully it will. Also, RSI is at 30% meaning it has still some strength to go down 90 pips.
If D is reached we're for a nice move up trend, target one is at 0.618 of CD move, and at previous structure. Target 2 could be at C point. Don't think it's going to make it that far but we'll see.
I have the trade case for entry and target placement in the "related ideas" section.
Good Luck traders,
alphabetacharlie
