A very interesting pattern. I am looking for;
If the price breaks support and forms a good bearish candle, I am going to wait for retracement into my "Entry zone" to consider short.
If the price bounces off support and close above 21SMA (blue moving average), I will wait for retracement into my "Entry zone" to consider long.
Other market movement? I will stay on the side.
If the price breaks support and forms a good bearish candle, I am going to wait for retracement into my "Entry zone" to consider short.
If the price bounces off support and close above 21SMA (blue moving average), I will wait for retracement into my "Entry zone" to consider long.
Other market movement? I will stay on the side.