PS: This is my first time posting of trading view so bear with me if my explanation looks a little bit imatured :)
Price hit a strong support on the daily timeframe and bounced back breaking the bearish trendline on the 1hr time frame. Price have since been making higher lows and a pull back into the 0.618 on the fib giving me a strong indication for a long on this pair.
Price hit a strong support on the daily timeframe and bounced back breaking the bearish trendline on the 1hr time frame. Price have since been making higher lows and a pull back into the 0.618 on the fib giving me a strong indication for a long on this pair.
Trade active:
Price hit the 0.618 fib level
Trade closed: target reached