Although the price is in a bit of a mess but on a small timeframe we can say that the price is moving to the upside slowly. According to the trendline analysis and waves analysis the price now is in the re-tracement phase after creating a nice wave. To determine your entry in this case u need to use the fibonacci tool from the previous low to the latest top, for me the best place to buy is around 61% and 71% fib level.
You can put a buy limit order around the 2 levels or u can wait to see a good bullish price action around the buying point on the 4H time frame and from there u can enter ur trade.
I will keep u guys updated when my order is trigerred.
You can put a buy limit order around the 2 levels or u can wait to see a good bullish price action around the buying point on the 4H time frame and from there u can enter ur trade.
I will keep u guys updated when my order is trigerred.
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