Buying opportunity with serious daily and weekly support between these two horizontal trendlines. Ichimoku supports the thesis on multiple time frames
Could easily come down to 0,52 but this is a good risk reward entry
Could easily come down to 0,52 but this is a good risk reward entry
Trade active:
Perfectly touched our entry and bounced off the 0,52 trendline with high volume. Next few days will be important to validate or break this pattern. So far it's looking good
It moved a bit further down than expected only to meet the key support at 0,50usd.
Hopefully we hold these levels and break the diagonal trendline to the upside towards 0,63usd.