IDEA - Shift In Momentum In Action!

By TheSignalyst
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

After an over-extended bearish trendline, IDEA has been trading inside a range after rejecting the round number 0.01

We have been stuck inside the accumulation between 0.01 and 0.018

🏹 For the bulls to take over, we need a Daily Candle Close above 0.018

Meanwhile, since IDEA is inside a range, we will be looking for short-term buy setups as we approach the lower bound of the range 0.01

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich
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