$BIRB just printed a strong H4 breakout candle, but price is approaching a previous resistance zone where sellers have stepped in before. Rather than chasing momentum, I'm waiting for a rejection around 0.0605–0.0618 to improve the risk-to-reward.
Entry: 0.0605–0.0618 (wait for bearish confirmation)
Stop Loss: 0.0635–0.0640
Take Profit: TP1: 0.0560 | TP2: 0.0525 | TP3: 0.0490
DYOR.
Trade $BIRB 👇