Brown elipse is the place to take long posision, after stoch oscilator on 4H turns up (oscilator on day chart just turn up)
It's a crossroad of few key fibo retracments, key support and few time zones extensions (blue lines).
I think that new trend after correction ABC i've matched goes higher that the last one - stop loss: depens on strategy. I think few pips under end of C wave is good idea.
It's a crossroad of few key fibo retracments, key support and few time zones extensions (blue lines).
I think that new trend after correction ABC i've matched goes higher that the last one - stop loss: depens on strategy. I think few pips under end of C wave is good idea.
Nota
OK - Rebound was dynamic...It was good news actually, cause it makes "back to longterm uptrend" more possible. So now I reccomend wait to pull back on day chart and take posision after rebound on long term support *blue line 3.927). After so dynamic move small correction is almost sure. Probably it end few candles further that I thought - still possible that on higher part of brown elipse i draw.Its play for weeks, not for hours - there is no need to hurry.
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