Here as you can see the market got to the descending trendline and got rejected by buyers strong pressure.
We are waiting for the continuation at least until the previous high.
Very good risk to reward ( 1:4 ).
Wait to buy from the dips.
CONFIRMATIONS:
--> Descending trendline as support
--> 88.6% Fibonacci level.
--> Indecision candlestick (Doji).
--> Strong bullish pressure
We are waiting for the continuation at least until the previous high.
Very good risk to reward ( 1:4 ).
Wait to buy from the dips.
CONFIRMATIONS:
--> Descending trendline as support
--> 88.6% Fibonacci level.
--> Indecision candlestick (Doji).
--> Strong bullish pressure