Looking at the STOCH and RSI, there is possibility for a small reverse downwards, which could form an internal pattern (IP1).
If so, then a long position could be open.
SL should be placed right below 0% Fib level.
TP at 50% Fib.
Ps. This is not a financial advice. It is purely based on my approach to the market.
If so, then a long position could be open.
SL should be placed right below 0% Fib level.
TP at 50% Fib.
Ps. This is not a financial advice. It is purely based on my approach to the market.