$C is starting to look interesting. 👀
The 4H chart has broken above the descending trendline, and the retest has already been completed successfully. Even better, buyers stepped in and defended the breakout.
🟢 Previous resistance is now acting as support
✅ Retest confirmed
📈 If momentum continues to build, the next area to watch is the 0.08–0.12 range.
This is one of my favorite setups: breakout → retest → continuation. As long as price stays above the trendline, the bulls remain in control. If it loses that level, the breakout setup is invalidated.
Always manage your risk and DYOR. #C
The 4H chart has broken above the descending trendline, and the retest has already been completed successfully. Even better, buyers stepped in and defended the breakout.
🟢 Previous resistance is now acting as support
✅ Retest confirmed
📈 If momentum continues to build, the next area to watch is the 0.08–0.12 range.
This is one of my favorite setups: breakout → retest → continuation. As long as price stays above the trendline, the bulls remain in control. If it loses that level, the breakout setup is invalidated.
Always manage your risk and DYOR. #C