$ALGO long. Look, the price found that range floor and bounced clean off it. That last candle showing a rejection wick there is key—buyers stepped up hard at that low boundary. Plus, the moving averages are flattening out, suggesting a base is forming before it moves. I'm liking the long setup right now, waiting for that swing high break confirmation. If it drops below that range floor on a bearish close though, I'm out immediately.
Plan (15m only): entry ~0.08946 · SL 0.08812 · TP 0.09119 · R:R 1.29
15m only — not a swing call.
#TechnicalAnalysis
Plan (15m only): entry ~0.08946 · SL 0.08812 · TP 0.09119 · R:R 1.29
15m only — not a swing call.
#TechnicalAnalysis