1. It create its base around 38.2% fib lvl.
2. Trading above 200 day MA.
3. Clear bear trap visible in recent Price action.
4. Volume also looks good.
It looks good for 214 which give nice 1:2.11 RR
2. Trading above 200 day MA.
3. Clear bear trap visible in recent Price action.
4. Volume also looks good.
It looks good for 214 which give nice 1:2.11 RR