A new month begins in a few hours, which also means the future monthly pivot points have been projected. And it looks promising!
Not only are we at the bottom of a wedge but there is also the Support Zone which coincides with next months M2-Pivot.
The basic plan is to wait for a small pullback within the next few hours to Monthly M2 and/or the Support Zone and/or the bottom of the wedge and then BUY BUY BUY!
Then, If you are in the Trade watch closely if the Price breaks the 55 EMA because the price failed to do so the last three times, where it only touched and then bounced off of the 55 EMA.
Not only are we at the bottom of a wedge but there is also the Support Zone which coincides with next months M2-Pivot.
The basic plan is to wait for a small pullback within the next few hours to Monthly M2 and/or the Support Zone and/or the bottom of the wedge and then BUY BUY BUY!
Then, If you are in the Trade watch closely if the Price breaks the 55 EMA because the price failed to do so the last three times, where it only touched and then bounced off of the 55 EMA.
Could already take a small long position