$CFX 1 hours, +6.27%, current price 0.0687. Two possible scenarios from here:
① The pullback holds above the breakout level → the upward move could continue; first watch the 24h high of 0.071
② The price falls back below the breakout level → this rally was probably a bull trap, so don't get caught up in it
Personally, I’ll be watching how well the first retest is supported. What signal would you wait for before making a move?
① The pullback holds above the breakout level → the upward move could continue; first watch the 24h high of 0.071
② The price falls back below the breakout level → this rally was probably a bull trap, so don't get caught up in it
Personally, I’ll be watching how well the first retest is supported. What signal would you wait for before making a move?