- CELOUSD brokeout above the resistance and hit an ATH .
- The market is currently undergoing retracement.
- Price is testing the flip horizontal support, 0.618 level and ascending trendline support.
- The retracement is resisted by the descending trendline resistance.
- There's an uptrend continuation possibility.
BUY ENTRY ⬆️
- Aggressive entry (risky) : market price (now).
- Conservative entry : breakout above the descending trendline resistance.
- Horizontal (R1).
- ATH ( all-time high) resistance.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support and 0.786 level.