been 3 tests along the support line I have drawn.
- Using the we can see that the conversion and baseline have begun to crossover signalling a potential new trend reversal. Additionally, we have a green candle pushing out above the cloud which meets the rules for a long position.
- However, I would wait for green candles to push and fully form above the 0.236 FIB level before entering any long trade.
TP1 at the 0.382 level.
TP2 at the 0.5 level.
very new at trading and any comments or criticisms to improve are more than welcome.