I am looking for long if price comes back to one of two levels.
-Option 1: the green zone of three confluence with neckline and fibo 50% + 61.8%
-Option 2: the previous support and fib 23.6%
For me, the ideal place to buy is the green zone and price bounce within a trend line.
And, when price falls toward to the level, it has to create a small wave either on 4H or on a smaller time frame.
Let's see what will happen.
-Option 1: the green zone of three confluence with neckline and fibo 50% + 61.8%
-Option 2: the previous support and fib 23.6%
For me, the ideal place to buy is the green zone and price bounce within a trend line.
And, when price falls toward to the level, it has to create a small wave either on 4H or on a smaller time frame.
Let's see what will happen.