$BIO 3. Entry confirmation condition
Do not enter a sell position immediately at the current price.
Wait for:
The price to rise to 0.02380–0.02410.
A clear bearish rejection candle to appear on the hourly chart.
The hourly candle to close below 0.02380.
Enter after a retest of the area fails to break through.
4. When should we cancel the sell trade?
A breakout above 0.02450 and an hourly close above it.
Buying pressure continues with strong trading volume.
No price rejection appears at the entry area.
Do not enter a sell position immediately at the current price.
Wait for:
The price to rise to 0.02380–0.02410.
A clear bearish rejection candle to appear on the hourly chart.
The hourly candle to close below 0.02380.
Enter after a retest of the area fails to break through.
4. When should we cancel the sell trade?
A breakout above 0.02450 and an hourly close above it.
Buying pressure continues with strong trading volume.
No price rejection appears at the entry area.