As we can see, in the past the price couldn't break the coming resistance.
So we have two scenarios.
Scenario one: Price raises to the resistance, touches, and falls back, all the way to 5.80
Scenario two: resistance breaks, and we have the setup for a breakout. If that happens I will wait for a confirmation to be sure not to run into a trap.
Happy trading to you!
So we have two scenarios.
Scenario one: Price raises to the resistance, touches, and falls back, all the way to 5.80
Scenario two: resistance breaks, and we have the setup for a breakout. If that happens I will wait for a confirmation to be sure not to run into a trap.
Happy trading to you!
Bình luận:
All according to prediction
Bình luận:
Price tested resistance, aaaand boom. PROFITS!
nice one!
nice one!
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