SAND BREAKS OUT

We see SAND break out of its descending resistance and retrace

At the time of writing, it is attempting to find support at the daily level of 0.865
Will SAND hold this level? or break down further?

If SAND does continue to the upside, I would like a second retest of the daily (second entry long).

I will be keeping a close eye on SAND and give more updates!

Trade Safe Friends <33333

Comment:

Please see the chart in LTF's

Comment:

I'd like to give a quick update on SAND

It seems it is moving within a pennant formation.
One trade set-up I can suggest is if we see SAND break down with a SFP (Swing Failure Pattern) I would be more interested in entering a long position.

Please see chart shown below

Comment:

SAND has broken out of its pennant formation.

But will it hold? or will this act as a SFP (Swing Failure Pattern) to the downside?

Comment:

SAND breaks out of its pennant, but closes a bearish hourly candle.

I can now deduce a short trade is more probable:

Comment:

Update on SAND:

It had failed to find support on the daily level of 0.8666

What is the next level I would be interested in?
0.80

Keep watch friends <33

Comment:

bam.
Daily hit, to the exact dollar accuracy!

Comment:

Wanted to give another update on SAND!

From my last Update SAND retraced down to our daily level of 0.0804

testing it as support (markets always move in 2's) and continuing its way to the upside!! :)))

Comment:

SAND is finding suppor on the 1.618 fib extension level

don't blink ;)