Price is currently in a good BUY zone, this area has previously been used as strong resistance which has now turned into support, so i am expecting bulls to step back in and push price higher from here. If you do take a trade from this you can keep a tight stop loss because if price did break such a strong support then it has the potential to fall some way.
Nice and simple setup that most people could find if they didn't over complicate thigs all the time!
If you would like any help trading or have any questions then just message me and i will be happy to help.
Nice and simple setup that most people could find if they didn't over complicate thigs all the time!
If you would like any help trading or have any questions then just message me and i will be happy to help.
Commento:
Trade invalid due to price action. Never got the correct candle formation