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the uptrend have been confirming the support trendline, today's daily candlestick is showing a red with a wick rejecting a sell at that same trendline. wait till till tomorrow to confirm when a green candlestick will develop. wait till there is enough confirmation for a BUY ORDER.
Ghi chú
it broke the support trendline and major support line, went for the next major support line but rejected sell at that level, wait till you can see a confirmation of a buy if it retraces above the support it broke @56027
2 options
1. it does retrace over it creates a short term buy and bounces using the trendline support which it broke as a resistance
2. it retrace over and goes higher
Ghi chú
ALWAYS WAIT FOR A CONFIRMATION, I PLACED A SELL ORDER AT THE BEGINNING AND CLOSED AT 52k AS MY T.P...nice. :)
Chart PatternsTrend AnalysisWave Analysis

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