To ideas that could play out and how I am looking at it.
Adam and Eve formed looking for first time frame back test:
Situaiton 1))
Current resistance around .10 which it hit.... I am assuming for a back test and will load up as my first load up area. But will be keeping a close on on second situation to happen
Situation 2)
We break above the .1 resistence (white line) and flip it to support... Thus we would break above to .115-.120 then back test to .1 range which I then load up more there. Once we break through .115 strongly then its off to the beaches
I then keep a tght eye on price action... if we fall back below .1 then break out failed and it would be time to exit sit back and wait for the next opportunity.
Nothing on the short option: I dont want to short any asset unless they have gone up 200-300% in less than a week
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