Why will I enter?! Daily: Price is in a resistance zone. Stochastic is approaching the bottom of the stochastic. This tells me that price should test support soon. Used Fib to track up to 50% of most recent low which near the support zone. 4 Hour: Stochastic is approaching the bottom of the line. This would normally tell me that price should test the support again. 1 Hour: Stochastic is approaching the bottom of the line. This tells me that price should test the support again. 15 min: Stochastic is at the top. Tells me that price should fall at some point. 5 min: Stochastic is approaching the top and hasn’t broke the previous high.
• Set Sell Stop @ 0.71231 or Sell Limit @ 0.71368 If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT If you disagree let’s talk this thing out! I’m a new trader looking to learn and grow with this great community so let’s work! Hope your trading week is going well!
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