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Wait for it to retest that support zone and enter the trade. But let’s see how the daily candlestick close.
If it fails to break the support zone , we enter the trade as a BUY entry.
If it breaks the support zone to retest that trend line , it will be a second entry to the first BUY entry.
If it breaks both the support zone and the trend line , it will be a false breakout and then we SELL.
My Bias is strongly a BUY entry from that support zone .
If it fails to break the support zone , we enter the trade as a BUY entry.
If it breaks the support zone to retest that trend line , it will be a second entry to the first BUY entry.
If it breaks both the support zone and the trend line , it will be a false breakout and then we SELL.
My Bias is strongly a BUY entry from that support zone .
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