A chart with immense Risk-reward ratio. We cleaned the range lows and the local lows for liquidity so I guess the next move should be up. We have also broken a major downtrend line which is currently being retested so that is additional confluence. Entry for me should be between 0.0037-0.0039 and half my position has been opened 0.00388. Clean Invalidation and looking for range highs. I'll cut if I see weakness or we can't clear 0.00415.
Trade active
All entries reached. Now we wait for a reaction. Need a swift bounce and we start closing below the green support zone I might cut the trade and look for another entry lower.
Note
Thats a pumperonni pizza right there
Note
We broke out and retested trendline resistance but still struggling at horizontal resistance. Close above 0.00414 on the daily and this flies.
Trade closed manually
Cut most of this at 0.0042 and 0.004. Not holding this anymore on leverage.
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