On the TF once we breach the green line we are in overall buyer’s territory. As we are working with the important breach and Support ray (Green ray) we can see some buying pressure building in. But buying is only confirmed when price breach and hold above the gray ray. There are three scenarios that make a bull movement is strong one is important support region near the green ray and price is making an HH and HL sequence giving us a clue that Uptrend is still intact and I can move anytime up. This can turn into a potential channel.
Entry: 594 Sats
TP 1: 700 Sats
TP 2: 894 Sats
Stop Loss: 486 Sats
Entry: 594 Sats
TP 1: 700 Sats
TP 2: 894 Sats
Stop Loss: 486 Sats
Trade active:
I am widening my stops to 430 Sats.