Breakout at the trendline level could drive the price to go UP. a good Rejection is a must to enter a buy position
Looking for the same plan to go short
* 0.65600 is an important level
Note
The 200EMA on the Daily is closing in which could make the entry risky. However to play it very very safe one could look for an entry after a break out and rejection at 0.68800.
Note
Waiting for break out from the hot spot and I will be looking for short
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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.