After breaking the support down, we can enter the short position. But this support is very strong and since 2018, the price has not been able to cross this range Possibility of price movement upwards and long scenario after crossing the resistance of 1.74300
CAKE is one of the cleanest and easiest charts to read. We have a simple ABC correction and we completed the C wave recently. We are now in bullish territory and looking for any opportunities to go long. We have a nice correction forming now and all we need to do is wait for a breakout and enter. Trade Idea: - Watch for breakout of the descending trendline -...