Thursday, 04.04.2024
We took the previous weekly low and touched my 8 EMA.
On the daily timeframe, we witnessed a strong rejection with momentum from my daily VWAP low.
Now, I wait for a pullback before buying. Currently, we are at a 4-hour resistance level, so I'll wait patiently, but my bias is long. There's a chance for a push down to hit my 0.382 Fibonacci level.
Passive entry module
We took the previous weekly low and touched my 8 EMA.
On the daily timeframe, we witnessed a strong rejection with momentum from my daily VWAP low.
Now, I wait for a pullback before buying. Currently, we are at a 4-hour resistance level, so I'll wait patiently, but my bias is long. There's a chance for a push down to hit my 0.382 Fibonacci level.
Passive entry module
Trade active:
in profit