As we can see, there's always a consolidation before an breakout. Since the trend keeps going, wait for the next candle to close above the resistance, thats my entry.
if there is a sign for trend reversal, it is a good short oportunity!
if there is a sign for trend reversal, it is a good short oportunity!
Note
just get another cup of tea, or coffee or whatever you like... I am still waiting for this one to break outNote
Support is broken for now, I believe it is only a strong test of support. Still on my watchlistTrade active
i believe the breakout begins, so I opened a small position, wich will grow bigger as the breakout continues.
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Free Trading Education:
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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.