Based on the chart, a resistance area is broken and after a while price dropped on this zone which acts as support right now, and a good rejection is about to happening. So this rejection can be a good sign of the strength of buyers and on the other side, the weakness of sellers at this area.
So based on this scenario I opened a buy position with a low amount of risk and good reward potentiality which is about 1:3.5
Note: As always please take risk management rules into consideration before opening any position on the market.
Good Luck!
So based on this scenario I opened a buy position with a low amount of risk and good reward potentiality which is about 1:3.5
Note: As always please take risk management rules into consideration before opening any position on the market.
Good Luck!