Hey Traders,
We are getting really squeezed here in between daily and weekly trend line and we are sitting on a weekly 50 fibo. For longs break out- retest - enter . Same for shorts we need to get out of the squeeze first then we can attack on the retest of course.
If monthly bar closes an an inside bar then we gonna look for a bullish fakey to come next.
Any ideas on this one?
Enjoy the ride!
We are getting really squeezed here in between daily and weekly trend line and we are sitting on a weekly 50 fibo. For longs break out- retest - enter . Same for shorts we need to get out of the squeeze first then we can attack on the retest of course.
If monthly bar closes an an inside bar then we gonna look for a bullish fakey to come next.
Any ideas on this one?
Enjoy the ride!