Everyone's staring at the majors while $BTW is quietly coiled to reclaim its lost highs.
$BTW - LONG
Entry: 0.3870 – 0.39
SL: 0.29
TP1: 0.42
TP2: 0.45
TP3: 0.50
Why this setup?
* RSI on the 1H is showing a bullish divergence at 65
* ATR is indicating increased volatility which could lead to a squeeze
* My bias confidence is high given the 15m timeframe's recent price action
* The 4H chart is also showing a potential breakout above the $0.39 resistance level.
Debate: Are you fading this move or riding the breakout above the $0.39 level?
$BTW