Break and Retest of Daily Structure Levels
Daily price action has shown Bullish momentum as it broke above previous structure level at $0.67500 and the down trend line, which price has been respecting since April of this year.
Here's what I'm looking for !
Ideal situation would be for Daily price action come back to retest the 50 EMA, which would also align with a retest of the support line at $0.6750
Here's what I'm looking for !
Ideal situation would be for Daily price action come back to retest the 50 EMA, which would also align with a retest of the support line at $0.6750
Yorum:
Price moving down the our target as expected. No trades in yet. Waiting for nice bounce off of the 0.67500 zone.