- CHRUSDT hit an all-time high and retraced.
- Price is retesting the flip horizontal support.
- There's a relatively high concentration of buyers at this zone.
- The retracement was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- This is a signal.
- Price action is printing an pattern at the breakout region.
- This is a build up pattern.
BUY ENTRY ⬆️
- Breakout above the resistance.
- Horizontal (R1).
- Horizontal (R2).
SETUP INVALIDATION ❌
- Breakdown below the flip horizontal support.