Using Bolling Bands indicator we can see :
- W1 is entering range state, bottom of it
- D1 is also in a range state, middle of it
- H4 bullish break out
So without strong contra indication, entering a long here could work. Only concenr is the 0.885 line which might be hard to break.
- W1 is entering range state, bottom of it
- D1 is also in a range state, middle of it
- H4 bullish break out
So without strong contra indication, entering a long here could work. Only concenr is the 0.885 line which might be hard to break.