After making a double bottom (yellow circle) price moved up and continued to make higher highs. It could continue to move high to take the 1H buy side liquidity (BSL 1H) or even the 4H buy side liquidity (BLS 4H).
On the 15m time frame, it is currently forming a double bottom (yellow line), which is also around 70.5% Fib level (an OTE level). Waiting for price to break the double bottom and see if market will provide an entry to go long
On the 15m time frame, it is currently forming a double bottom (yellow line), which is also around 70.5% Fib level (an OTE level). Waiting for price to break the double bottom and see if market will provide an entry to go long