Reasons for entry:
1- Broke descending trend line
2- Retested the descending trend line break.
3- Bounced off of my red Moving average
4- Rejected fib zone (50%-61.8%)
5- Previous support being rejected and previous resistance now acting as new found support.
1- Broke descending trend line
2- Retested the descending trend line break.
3- Bounced off of my red Moving average
4- Rejected fib zone (50%-61.8%)
5- Previous support being rejected and previous resistance now acting as new found support.