Previous trend shown breakout and waiting for retest to reject it. If it doesn't then this mean false breakout.
Goal is to wait for few more candlesticks to see if any signal to tell us reversal move or continue up. Patience until time is right.
As you see the arrow is where target is expecting - Sell will be great profit due risk to reward ratio.
Thumb up for patience and wait for it. suggest set up alert so you won't miss a ride.
Goal is to wait for few more candlesticks to see if any signal to tell us reversal move or continue up. Patience until time is right.
As you see the arrow is where target is expecting - Sell will be great profit due risk to reward ratio.
Thumb up for patience and wait for it. suggest set up alert so you won't miss a ride.
Comment:
This possible going down as retest is done. I will wait for few more candles to confirm entry.
Order cancelled:
moving back inside triangle - gonna wait and will update chart later on