Recent price action shows 
MASK has formed a W-Reversal pattern to which price pulled back to the broken resistance turned support - which was also near the 61% zone.
This W pattern doesnt have a flat bottom therefore it boasts a slight uptrend line that price is likely to respect on the next touch. From here we can expect price to have a safe support for entry.
An adequate SL would be placed below the TL around the 78% zone.
MASK has formed a W-Reversal pattern to which price pulled back to the broken resistance turned support - which was also near the 61% zone.This W pattern doesnt have a flat bottom therefore it boasts a slight uptrend line that price is likely to respect on the next touch. From here we can expect price to have a safe support for entry.
An adequate SL would be placed below the TL around the 78% zone.
Note
Note
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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.