1. Trend continuation 2. MA Above price 3. Test of trendline resistance 4. Support support turns resistance 5. 38.20% Fib Level expected to hold at that resistance point SL Just above 6. Looking for the market to make a LH From the previous LL 7. H_S Pattern formed showing we have the momentum to the downside to create new (LOWS)
| First and for most trend continuation trade | - - - - | Reasoning for the predicted up movement is simply because we are testing strong daily supply | | Pinbar with a bullish engulfing | | Market is considerably over sold at this moment in time | | 2.03446 strong resistance zone expected to hold | | Take Profit : Based upon...