Key major support/resistance zones.
Large red candle testing major support zone.
Followed by a hammer/bullish spinning top signaling a bullish reversal.
Followed by a rising three methods indicating a higher probability of a reversal from the downtrend heading towards the support.
4H chart, daily chart indicates a possibility of a drop to the lower S/R zones but unlikely due to general uptrend
Stop loss just below support
Take profit --- (watching it closely)
Large red candle testing major support zone.
Followed by a hammer/bullish spinning top signaling a bullish reversal.
Followed by a rising three methods indicating a higher probability of a reversal from the downtrend heading towards the support.
4H chart, daily chart indicates a possibility of a drop to the lower S/R zones but unlikely due to general uptrend
Stop loss just below support
Take profit --- (watching it closely)
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