Why will I enter?!
Daily: Price is in a support zone. Stochastic is at the bottom of the stochastic. This tells me that price should test resistance soon. Used Fib to track up to 50% of most recent high which near the resistance zone.
4 Hour: Stochastic is at the bottom of the line. This would normally tell me that price should test the resistance at some point.
1 Hour: Stochastic is at the bottom of the line. This tells me that price should test the resistance soon.
15 min: Stochastic is at the bottom. Tells me that price should rise at some point.
5 min: Stochastic is at the bottom of the line and I have two parabolic sars. Hoping for early entry.
• Set Buy Stop @ 78.485 or Buy Limit @ 78.265
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!