Possible trade entry here, depending on what price does, there are several factors that are playing against this idea but It's not a big deal if the entry does not get triggered.
the grey lines across the chart is the previous days high/low. price has broken the high today showing upward momentum here. looking for an OTE entry position here chasing higher highs.
entry at the 0.618 aiming for price to hit the 0.79 retrace zone, before hitting the previous highs ending the week on a good note.
the things to consider is that its Friday so usually a boring day, still no excuse to not try and catch a nice entry, I am still learning here so there could be several things wrong with this position but you don't know if you don't try and time will tell on this one!
the grey lines across the chart is the previous days high/low. price has broken the high today showing upward momentum here. looking for an OTE entry position here chasing higher highs.
entry at the 0.618 aiming for price to hit the 0.79 retrace zone, before hitting the previous highs ending the week on a good note.
the things to consider is that its Friday so usually a boring day, still no excuse to not try and catch a nice entry, I am still learning here so there could be several things wrong with this position but you don't know if you don't try and time will tell on this one!
