Analysis on chart!
Price up into a level where we found resistance previously...
ABCD completes at this level, 1.618 Fib extension and pressing Overbought on RSI...
Long wicked candle maybe signalling some rejection from here...?
It could be a low risk trade with two potential targets that ive highlighted with blue arrows, but also be aware of blue zone thats highlighted as price could push here before we see any reversal!
Any constuctive feedback, likes and or shares is welcome!
Price up into a level where we found resistance previously...
ABCD completes at this level, 1.618 Fib extension and pressing Overbought on RSI...
Long wicked candle maybe signalling some rejection from here...?
It could be a low risk trade with two potential targets that ive highlighted with blue arrows, but also be aware of blue zone thats highlighted as price could push here before we see any reversal!
Any constuctive feedback, likes and or shares is welcome!
