BANDUST
61.8% fib retracement, buy zone $6.86-$7.627.
Look at price action of resistance level @ $10.8:
- if it breaks TP1 @ $12.651, TP2 @ $13.574, TP3 @ $14.9 (weekly resistance) - conservative approach wait for false break to reconfirm buy signal off support
- if it forms a bearish engulfing, TP1 back to buy zone @ $6.86-$7.627
Look at price action of resistance level @ $10.8:
- if it breaks TP1 @ $12.651, TP2 @ $13.574, TP3 @ $14.9 (weekly resistance) - conservative approach wait for false break to reconfirm buy signal off support
- if it forms a bearish engulfing, TP1 back to buy zone @ $6.86-$7.627
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