M= Market is tranding upwards
A= Area of Value: There is a multiple layer of Confluence: 50EMA Dynamic Resistance, TrendLine , Previous S&R, Long term Fibbo Retracement Level of 38.2%
E= Trade a pullback from the 38.2% Fibbo Level, wait for any rejection candle on an Hourly to Enter a BUY ( e.g Bullish Engulfing Candle or a hammer )
E= Exit on TP1 and TP2
A= Area of Value: There is a multiple layer of Confluence: 50EMA Dynamic Resistance, TrendLine , Previous S&R, Long term Fibbo Retracement Level of 38.2%
E= Trade a pullback from the 38.2% Fibbo Level, wait for any rejection candle on an Hourly to Enter a BUY ( e.g Bullish Engulfing Candle or a hammer )
E= Exit on TP1 and TP2