In an upward rally in the weekly and daily time, if the resistance range of 6.25 is broken and by maintaining the green box area, it can continue its growth after the resistance is broken in the case of a pullback until the next supply area.
Thanks. Can I take long position again when it retraces back to 6.119 / 6.250 ?
alikze
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@ramkibell, The area of 6.25 has been broken, which means that it will continue to grow up to 10.94. But if it pulls back, the 6.25 range is still an attractive entry.
ramkibell
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@alikze, Thanks ! Learning a lot from your guidance and your charts. Much obliged !
Can I take long position again when it retraces back to 6.119 / 6.250 ?