reasons to buy this currency if price breaks the grey rectangle:
1- trend line break
2- double bottom
3- divergence
4- price on weekly support
we will update the entry of this trade if another diamond forms on the trend line with a momentum break of this diamond , however if not , entry will be after a break of the grey rectangle with a momentum candles.
1- trend line break
2- double bottom
3- divergence
4- price on weekly support
we will update the entry of this trade if another diamond forms on the trend line with a momentum break of this diamond , however if not , entry will be after a break of the grey rectangle with a momentum candles.