The market have been consolidating for some days and also the market it recently above the 200MA, and has formed a double bottom on top of the 200MA and in the 1h we have confirmed that there will be a long position to take place, and also there are lots of liquidity above the resistance level in the consolidation Zone in 4h and also at the support zone in 4h. With my own confirmations I would be opening a long position when the market opens and I will wait for a news to be catalyst for the position to be valid.
Use appropriate RM and also drop some comment in the comment box about your thoughts towards this analysis
Use appropriate RM and also drop some comment in the comment box about your thoughts towards this analysis