thoughts?
going to see if price respect this resistant level before going short.
hit the higher time frame trend line and broken 1HR trend line.
going short before going long.
what we thinking?
Price seems to be holding at tend line, waiting to see if it breaks 5 mins trend before going short.
going long
waiting for pull back back before going short.
price broke bearish trend back in November 2020. I expect price to come back to this support line before going long again. Will wait for confirmation before going ling.
held at resistant level and broken trend line.
Price has held at weekly support and trend line. Broken through daily trend, waiting for a pull back before entering trade.
possible?
long
going short