This is very clear and easy to see support area. Price Rejected This Area Over And Over Again! For Us , This means a great opportunity to buy!
So we watch closely! You can confirm the buy on hour 4 with a moving average crossover to the upside, technical indicators, or however you decide that it is time to buy! You can also go to the hour 1 chart to look for your entry if you want to trade the hour 4 chart. If use the Fibonnaci Retracement on the last swing low , you can see that price has moved up to the .382 and stopped there many times.
So let's watch this closely next week and look for our buy entry! DO NOT BUY YET! Wait for Confirmation please!
So we watch closely! You can confirm the buy on hour 4 with a moving average crossover to the upside, technical indicators, or however you decide that it is time to buy! You can also go to the hour 1 chart to look for your entry if you want to trade the hour 4 chart. If use the Fibonnaci Retracement on the last swing low , you can see that price has moved up to the .382 and stopped there many times.
So let's watch this closely next week and look for our buy entry! DO NOT BUY YET! Wait for Confirmation please!