And we know this because price has broken thru a level of resistance..
So now we patiently wait for price to return to that level of resistance which will now become support and we will buy this pair at the orange box 23 fib level. And will exit the trade at 223 fib level the orange box at the top... the place where price came from b4 and the last level of support which it has broken in the past
So now we patiently wait for price to return to that level of resistance which will now become support and we will buy this pair at the orange box 23 fib level. And will exit the trade at 223 fib level the orange box at the top... the place where price came from b4 and the last level of support which it has broken in the past
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Meant where it sold from in the past....it always go back to where it came from