Possible breakout of the last confirmed AI M15 high
The price is reacting in a zone from which it has bounced many times historically. Now it's happening again.
If on Monday's session the market breaks the last confirmed peak on the M15 interval, it may mean a change in the trend to M15.
My scenario is to wait for the pullback and look for an opportunity to enter at its end.
I drew the ideal situation on a chart. Of course, it is not known what the market will do. However, it is possible for the pullback to have a 50% range and react in the green zone. I'll be waiting for this on Monday.
And you?
If on Monday's session the market breaks the last confirmed peak on the M15 interval, it may mean a change in the trend to M15.
My scenario is to wait for the pullback and look for an opportunity to enter at its end.
I drew the ideal situation on a chart. Of course, it is not known what the market will do. However, it is possible for the pullback to have a 50% range and react in the green zone. I'll be waiting for this on Monday.
And you?
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