At this area we have fib confluence, trend line support and daily 100SMA.
Also, the divgence on the RSI suggest a move higher.
When you counter trade, make sure the risk is pre defined and small.
We may only see a bounce at this level so try to move up your SL
to break even as soon as possible if the chance present it self.
Also, the divgence on the RSI suggest a move higher.
When you counter trade, make sure the risk is pre defined and small.
We may only see a bounce at this level so try to move up your SL
to break even as soon as possible if the chance present it self.