$BTW hits a new 24-hour high: current price 1.1442, previous high 1.1382.
After the breakout, two key things to watch:
· Whether the previous high of 1.1382 turns from resistance into support (holds on a retest)
· Whether the breakout is accompanied by volume; a low-volume breakout can easily turn into a bull trap
Do you think this is the beginning or the end?
After the breakout, two key things to watch:
· Whether the previous high of 1.1382 turns from resistance into support (holds on a retest)
· Whether the breakout is accompanied by volume; a low-volume breakout can easily turn into a bull trap
Do you think this is the beginning or the end?
