simonlim1387

simonlim1387

price bounce up from strong demand/support area with strong bull momentum, closing above lots of past daily candles, im anticipating price will continue to go up, if price come back down with strong bear momentum i will stay neutral first until market show clear direction who is in control of the market before making any decision to buy or sell

simonlim1387

im seeing buyers cant push the price up, and there is still some selling pressure in the market, just have to wait for strong sell momentum to break the support then retrace with weak buy momentum to the previous support turns resistance to go short