Wait till it reaches the support (down ~1%) and then you can go Long with a 2:1 ratio if you want to be conservative. If you want to be aggressive set a 3:1 ratio (stop between the support and the EMA 200).
IMPORTANT: next days we will face a breakout. The resistance will become a support.
If you have different ideas, please share them with me ;)
IMPORTANT: next days we will face a breakout. The resistance will become a support.
If you have different ideas, please share them with me ;)
Trade closed: target reached:
It went down faster immediately after I opened the idea. This means it was better to go Long directly on the EMA 200. Now as you can see the old resistance is the support as I predicted.