Price bounced from support level and break trendline
This is an indication of a reversal.
we look for buy opportunities in this setup.
the price may go down one more time to complete ABCD correction.
we can take a buy entry when price retesting grey area, but make sure price have a good price action when retesting that area.
This is an indication of a reversal.
we look for buy opportunities in this setup.
the price may go down one more time to complete ABCD correction.
we can take a buy entry when price retesting grey area, but make sure price have a good price action when retesting that area.