Hello traders,
If price pulls down further into the price zone bellow 117.04s it may present an opportunity to go long.
We have previous structure around this level
A strong cluster of Fibonacci levels
and an AB=CD harmonic move.
For entry I require a a double bottom with confluence of RSI divergence and RSI oversold conditions which I look for on the 4hr timeframe and enter at market.
Have a good week trading.
Michael_KM
If price pulls down further into the price zone bellow 117.04s it may present an opportunity to go long.
We have previous structure around this level
A strong cluster of Fibonacci levels
and an AB=CD harmonic move.
For entry I require a a double bottom with confluence of RSI divergence and RSI oversold conditions which I look for on the 4hr timeframe and enter at market.
Have a good week trading.
Michael_KM