An Eminent Reversal
This is a perfect high-probability structure-based trade. Price action and some filters confirm this prediction:
1. Price is at a major level of structure (0.9600-0.9650)
2. Equal measured moves (AB=CD)
3. RSI is massively OS
4. There are some impressive Fibonacci confluence.
The idea is to wait for confirmation like a DB/reversal candle on the zone.
Plan Your Trade, Trade Your Plan!
1. Price is at a major level of structure (0.9600-0.9650)
2. Equal measured moves (AB=CD)
3. RSI is massively OS
4. There are some impressive Fibonacci confluence.
The idea is to wait for confirmation like a DB/reversal candle on the zone.
Plan Your Trade, Trade Your Plan!
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