The price rebounded from the lower corridor and this is very good for a possible growth, but in order for the growth to be more interesting, it is necessary to break through and there is an interesting moment.
Having broken through, we rest against the resistance zone 0.0074-0.008 and there are two ways out of this situation: either it will be canceled and the price will go down from it, going to retest the upper border, or the impulse will be strong and the price will fly past the resistance zone and fly further.
However, the conservative view is to go short to 0.006.
Sincerely,
AJV
Having broken through, we rest against the resistance zone 0.0074-0.008 and there are two ways out of this situation: either it will be canceled and the price will go down from it, going to retest the upper border, or the impulse will be strong and the price will fly past the resistance zone and fly further.
However, the conservative view is to go short to 0.006.
Sincerely,
AJV
Trade closed: target reached:
Well done!