We have a little zone of confluence. With the 0.382 macro retracement from ATL/ATL stacking with the 1 to 1 fib trend from ATL coming in around 32. You have have monthly level and the pyschological 30 level. 1 way to approach the long would be to see price go below previous low/key level and look for some strength in terms of closing a daily or weekly candle back above.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.