Setup long $NIGHT
Currently there is a fairly strong upward momentum
Entry: 0.047-0.049
TP: 0.051-0.052
SL: 0.043
Why long?
The upward force on the 15m chart is quite clear. Selling pressure is currently resisting the buying pressure, but it’s likely that it has been exhausted and is creating a premise for further growth. Note that the key levels are still quite challenging, so you can continue to observe after this wave. If you see the chart turning red and the selling pressure is strong, short immediately
Currently there is a fairly strong upward momentum
Entry: 0.047-0.049
TP: 0.051-0.052
SL: 0.043
Why long?
The upward force on the 15m chart is quite clear. Selling pressure is currently resisting the buying pressure, but it’s likely that it has been exhausted and is creating a premise for further growth. Note that the key levels are still quite challenging, so you can continue to observe after this wave. If you see the chart turning red and the selling pressure is strong, short immediately
