After market formed inverse head and shoulder on weekly and daily then broke it, market as been breaking structure to the upside which solidifies the uptrend move.
market is pulling back into an SnR zone in confluence with fib 50% level and trendline touch.
Market can break through this level which will open up the next SnR zone, this will mean market wants to give a proper retest on the inverse head and shoulder that was broken.
WAIT FOR A BULLISH CANDLESTICK PARTTERN BEFORE GOING LONG
market is pulling back into an SnR zone in confluence with fib 50% level and trendline touch.
Market can break through this level which will open up the next SnR zone, this will mean market wants to give a proper retest on the inverse head and shoulder that was broken.
WAIT FOR A BULLISH CANDLESTICK PARTTERN BEFORE GOING LONG
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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.