Today we have two different long scenarios. The first one being the bigger (From ATH to Low in June) .618 fibonacci retracement being accepted as support, this in combination with the previous week Value Area High and the .382 of the current move.
The second setup would be from the previous day value area high in combination with the .618 retracement of the current move.
Let me know what you think and always preserve your capital! :)
The second setup would be from the previous day value area high in combination with the .618 retracement of the current move.
Let me know what you think and always preserve your capital! :)