Looks Like a bit of trap down there!
I'm thinking if the price bounces around down there for a few days some news might kick it out bearish or something so I'm going to wait for the long. When Price has a break up I would expect to see it climb higher then the last two High's. It had back to back Higher High's, and with the next Major Resistance area at the 0.78042 area. It could be a good day!
Again Its just a idea, Time will tell!
I'm thinking if the price bounces around down there for a few days some news might kick it out bearish or something so I'm going to wait for the long. When Price has a break up I would expect to see it climb higher then the last two High's. It had back to back Higher High's, and with the next Major Resistance area at the 0.78042 area. It could be a good day!
Again Its just a idea, Time will tell!
Note
Well I'm all in currently, time will tell. Its going to test the nerves this trade but I think its going to end well.
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Disclaimer
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.