The fact that the price climbed above the Fast line and created a minor uptrend line is a signal but as long as the price remains below the broken major and below X (18.5$) the scenario is still valid.
Assuming that we will see $BAC testing 18$ again, the R/R for the setup is about 2.
More conservative traders should probably wait for the price to close below the Fast line.. at least.
Tomer, The MarketZone
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