Two possible scenarios that if they should occur i plan to take long positions.
Scenario 1 - Orange arrow Price moves against Support level (lowest blue line)
Scenario 2 - Blue arrow Price moves against center Support level (middle blue line). Moves under it and reclaims it.
Targets are the next big Resistance levels.
Dont forget: - Watch your Risk management - DYOR (Do-Your-Own-Research) - This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
Thanks for reading! trader_se
Nota
Looking good - lets see how long it takes to reach the blue line
Nota
Price getting closer to first interesting area (blue line)
Trade ativo
Blue Scenario
- Price went under blue S/R level and reclaimed it
Trade fechado manualmente
Target not reached yet, though personally dont like the PA here. WIll close later the position with around 30% made
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