Trend: Ranging
Structure: support and resistance / Zone
We have identified a buy zone test multiple times on the 4HR time frame.
We now see price has once again respected this zone, however the stochastic on the one hour timeframe is at 90 so we look for a small pullback for a long entry.
Structure: support and resistance / Zone
We have identified a buy zone test multiple times on the 4HR time frame.
We now see price has once again respected this zone, however the stochastic on the one hour timeframe is at 90 so we look for a small pullback for a long entry.
Trade closed: target reached