Potential shift in momentum on daily support rejection

26 мар. 2021 г.

Don't get me wrong... we are still in a heavy bearish trend; However, I do think its about time the bears took a breather this week. The daily rejection off the 0.75600-0.75700 support area could indicate an early shift in momentum, so might as well YOLO myself into a long position here. Intra-day levels showing a decent long opportunity on a pullback retesting previous area of S&R in confluence to the respectable ascending TL and the 0.618 fib retracement. I would advise to lower your risk on this one.

26 мар. 2021 г.

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