Yesterday, I expected a possible retracement according to the strong area of resistance. However, the price managed to break above, which confirmed the bullish trend is controlling the market. At this point, I expect the price will continue to create higher low and higher high.
**What to do now? When to buy?**
- Buy when the price formed higher low
- Enter when the market retrace at specifically the 0.382 of fibonacci, as this previous resistance will now turn into new support.
- MACD will be crossing soon, meaning that the retracement might happen soon enough.
**What to do now? When to buy?**
- Buy when the price formed higher low
- Enter when the market retrace at specifically the 0.382 of fibonacci, as this previous resistance will now turn into new support.
- MACD will be crossing soon, meaning that the retracement might happen soon enough.
Trade active
Trade closed: stop reached
