ALGO is moving sideways around $1.4 zone and this zone is a good support zone that can help ALGO rally in the near term to $1.6 and $2.2 or higher.
If ALGO fails to hold $1.4 zone, $1.2 zone is still a good support zone of ALGO
📈BUY
-Buy: 1.35-1.4$. SL if B
📉SELL
-Sell: 1.6-1.65$. SL if A
-Sell: 2.2-2.3$. SL if A
♻️BACK-UP
-Buy: 1.175-1.225$. SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
If ALGO fails to hold $1.4 zone, $1.2 zone is still a good support zone of ALGO
📈BUY
-Buy: 1.35-1.4$. SL if B
📉SELL
-Sell: 1.6-1.65$. SL if A
-Sell: 2.2-2.3$. SL if A
♻️BACK-UP
-Buy: 1.175-1.225$. SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
