Really simple...
Buyers have been holding the line between 1.4070/90 and we've bee consolidating since May 18.
-We saw price action transitioned into a complex correction, we're currently at the end of a "Y" correction and can go long from here considering so many confluences.
-You may also want to check for RSI,Stochastic and/or MACD divergence to support more buying potential.
🛑 "If you're planning to take this trade in the future, comment on this post and I will be sure to update it when I make my next move."
Buyers have been holding the line between 1.4070/90 and we've bee consolidating since May 18.
-We saw price action transitioned into a complex correction, we're currently at the end of a "Y" correction and can go long from here considering so many confluences.
-You may also want to check for RSI,Stochastic and/or MACD divergence to support more buying potential.
🛑 "If you're planning to take this trade in the future, comment on this post and I will be sure to update it when I make my next move."