Confluences :
- Price broke out of bearish channel
- Price broke out of key resistance area
- Price is still over the 4hour 50EMA
- Previous market resistance now turned support sitting on one of my golden fib zones
- Will wait on a pullback to zone and look for candle confirmation before taking this trade.
- Price broke out of bearish channel
- Price broke out of key resistance area
- Price is still over the 4hour 50EMA
- Previous market resistance now turned support sitting on one of my golden fib zones
- Will wait on a pullback to zone and look for candle confirmation before taking this trade.
Trade closed: target reached