Two possible scenarios for 
BABA:
-If blue line is broken, I would long the retest and aim for the next MS Level. If it fails to break, Would short and TP on every support level as there is bullish divergence on the Higher Time Frames.
BABA:-If blue line is broken, I would long the retest and aim for the next MS Level. If it fails to break, Would short and TP on every support level as there is bullish divergence on the Higher Time Frames.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.