Price is reacting to the 38 fib level. Suggest waiting for a candle close before entering long. You need confirmations!
Note
No confirmations, no trades.
It teased me yesterday, but it didn't give me my bullish momentum candle. No it didn't. It will do a bit lower before it turns around.
It's Friday. Don't jump into anything willy-nilly!
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Related publications
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.