i still believe the price to make resistance > support above the yellow line..after that we will follow the price if it will continue or reverse. good to open buy position at green line or below.
OTHER SCENARIO: If price breaks below red line making it a resistance then long position is void and we will look for sell opportunities when price retest red line and more better green line.
>>>>>>>> No trade is perfect, when price action shows uncertainty you have to take position in favor of your bias if the price is at a good spot..after that observe the price action if it goes your way or changes the trend, you might lose a little but once you know the trend has changed then you can recover your loss <<<<<<<
OTHER SCENARIO: If price breaks below red line making it a resistance then long position is void and we will look for sell opportunities when price retest red line and more better green line.
>>>>>>>> No trade is perfect, when price action shows uncertainty you have to take position in favor of your bias if the price is at a good spot..after that observe the price action if it goes your way or changes the trend, you might lose a little but once you know the trend has changed then you can recover your loss <<<<<<<
