KEEP, trend continuation or breakout?

12 сент. 2021 г.

as you can see, the price has been consolidating between 2 support and resistant zone, since the support zone is much older, i will expect it to hold, there are other confluence on the region like trend-line level, fib level and rsi divergence and a well formed double bottom (actually a double top is being created as a trend continuation pattern but let's ignore it since it's not confirmed YET)
i've drawn 2 scenarios that could happen, entry should be on break confirmation of above resistant level, a pull back is expected as the price will reach higher resistant zones
wish you good luck :)

12 сент. 2021 г.

Заметка

i'll be looking to enter on 0.4330 IF the market comes back to retest it's broken resistant that turned into support

13 сент. 2021 г.

Заявка отменена

16 сент. 2021 г.

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The idea was perfect but the timing was wrong, look how much it went up, almost 41%