ATOM update:
Went for R1 resistance again, rejected. Hasn't broken bullish structure, however we do have a bearish div on the 1H (it's a small TF so it means less).
If I were looking to long, I'd wait for a break and close above R1, or a retrace to green support below, nothing in between.
Went for R1 resistance again, rejected. Hasn't broken bullish structure, however we do have a bearish div on the 1H (it's a small TF so it means less).
If I were looking to long, I'd wait for a break and close above R1, or a retrace to green support below, nothing in between.
Comment:
So far taking profit/waiting was the right move. Currently retracing to the EQ of the range. I would patiently wait for a retest of S (green) below if I were looking to re-enter.