Breakout Inside Bar(IB)
Inside Bar Breakout shows the price have bullish momentum to touch next resistance. But we need to be careful as in BBMA, this IB was existed in Resistance range of Monthly MA Mirror and near Weekly Resistance MA Mirror.
In the Red Circle indicate a Strong Buy signal in Daily which brings Entry Point Buy in MA Mirror recently.
My Opinion, this pair is still in Bullish mode, I would like to wait Price Action Candlestick at Resistance level to anticipate Sell.
In the Red Circle indicate a Strong Buy signal in Daily which brings Entry Point Buy in MA Mirror recently.
My Opinion, this pair is still in Bullish mode, I would like to wait Price Action Candlestick at Resistance level to anticipate Sell.
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