From last week idea shared, market as been moving slowly towards our area of confluence which is a good thing since price action wise correction should be slow.
The demand zone and fib retracement level is a good area to look for a buy, thats after seeing a bullish confirmation
The demand zone and fib retracement level is a good area to look for a buy, thats after seeing a bullish confirmation
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price broke through the first zone which open up the next zone.the benefit of waiting for confirmation is you wont get caught in premature entries
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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.