I look for 3 confluences that are confirmed below:
1. Break and Retest of Previous Support/Resistance.
2. 618 Fib.
3. 50EMA.
Risk/Reward 1:1 to allow enough room to breathe.
1. Break and Retest of Previous Support/Resistance.
2. 618 Fib.
3. 50EMA.
Risk/Reward 1:1 to allow enough room to breathe.