If price manage to breakout with a parabolic move then this trade has a lot potential.
This since price has not been in the area below for some time and is probably
tempeted to head back for a bit..
Price is now at a key level which I would prefer would hold
- so price bounce up a little to complete the re-test of the breakout zone from the range as well as
the bullish channel. If the re-test fails then we are back in the box again
and that alone is a decent trade too.
This since price has not been in the area below for some time and is probably
tempeted to head back for a bit..
Price is now at a key level which I would prefer would hold
- so price bounce up a little to complete the re-test of the breakout zone from the range as well as
the bullish channel. If the re-test fails then we are back in the box again
and that alone is a decent trade too.