I think best is to wait for a pullback, then enter for a long trade. Please see below my thoughts:
- it broke the 4h downward trendline
- it broke the 1h downward trendline
- I see a 15m fair value gap which still has to be filled
- the above is in a Fibonacci golden zone
I'm looking for a trade after I see some good pullback and confirmation. For example the 5m downward trendline has to be broken.
What are your thoughts?