Price is in a right shoulder consolidation.
If price falls below right shoulder support I will look for a double bottom support but i do not see this happening. If price continues rising and hugging the yellow range floor line and breaks out upwards from the "Pinch zone" price will be bullish.
Short term trade
Idea entry: .011
Idea TP: .025
SL: .005 cent
If price falls below right shoulder support I will look for a double bottom support but i do not see this happening. If price continues rising and hugging the yellow range floor line and breaks out upwards from the "Pinch zone" price will be bullish.
Short term trade
Idea entry: .011
Idea TP: .025
SL: .005 cent
Trade active
