(1h timeframe)
DETAILS: the price made a traingle and brokeout ,it broke also the two emas (100,200) and continued the breakout , i wanted to see a big bullish candle to enter , when i entered the bullish candle tried to break very strong resistence area and swing high ( i tought that the candle will break this area and the swing , because of the breakout) the price got affected and went down
in my opinion the price eventually will break the swing and the resistence area.
the sl is below the two emas and 0.5 fib.
DETAILS: the price made a traingle and brokeout ,it broke also the two emas (100,200) and continued the breakout , i wanted to see a big bullish candle to enter , when i entered the bullish candle tried to break very strong resistence area and swing high ( i tought that the candle will break this area and the swing , because of the breakout) the price got affected and went down
in my opinion the price eventually will break the swing and the resistence area.
the sl is below the two emas and 0.5 fib.
Comment:
the candle respondes to the 0.5 fib