This week, we may have price coming into a very key price area because we have a lot of structure meeting at one price.
So for this week, I will be paying attention to how exactly price action gets us to this area. Specifically, I would like to see a double bottom or a descending channel form which would indicate a potential reversal.
Long term Take profit would be at the top of structure, but I will monitor price action on the way up!
So for this week, I will be paying attention to how exactly price action gets us to this area. Specifically, I would like to see a double bottom or a descending channel form which would indicate a potential reversal.
Long term Take profit would be at the top of structure, but I will monitor price action on the way up!
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