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Colour key: Blue = monthly, Pink = weekly, Grey = daily/4h/1h
As you can see, price is approaching two key monthly resistance levels. Price has already touched the bottom one (1.26655) and i believe it has topped out, but my SL would be placed above the second level in case price continues upwards.
Regardless, i am awaiting confirmation to sell from these levels, all the way down to the bottom monthly supply and demand zone.
Updates to follow, follow me to see them
Colour key: Blue = monthly, Pink = weekly, Grey = daily/4h/1h
As you can see, price is approaching two key monthly resistance levels. Price has already touched the bottom one (1.26655) and i believe it has topped out, but my SL would be placed above the second level in case price continues upwards.
Regardless, i am awaiting confirmation to sell from these levels, all the way down to the bottom monthly supply and demand zone.
Updates to follow, follow me to see them
Trade active:
Price broke bottom level but failed to touch/break the one above it. Setup still valid.
Trade closed: stop reached:
Setup invalidated