$INIT WILL LONGS SOON BE CRYING⁉️⁉️⁉️
Guys!!! Price is about to test the WEEKLY SUPPLY ZONE. The bulls faced a strong rejection in that same zone.
This time will be no different. I think price is just trapping more bulls before crashing.
SHOULD WE OPEN SHORTS⁉️⁉️⁉️
NOT YET... We’ll wait for a rejection in the $0.257-0.28 zone on the 15M timeframe.
We’ll open our short position if this rejection occurs, but if the BULLS MANAGE to break decisively above the indicated range,
THEN: We’ll open a long position on the RETEST of the 0.25-0.26 support.
🔴REJECTION TP: 0.20,0.15
🟢BREAKOUT TP: 0.30,0.35
⚠️KEY ZONE: 0.257
Guys!!! Price is about to test the WEEKLY SUPPLY ZONE. The bulls faced a strong rejection in that same zone.
This time will be no different. I think price is just trapping more bulls before crashing.
SHOULD WE OPEN SHORTS⁉️⁉️⁉️
NOT YET... We’ll wait for a rejection in the $0.257-0.28 zone on the 15M timeframe.
We’ll open our short position if this rejection occurs, but if the BULLS MANAGE to break decisively above the indicated range,
THEN: We’ll open a long position on the RETEST of the 0.25-0.26 support.
🔴REJECTION TP: 0.20,0.15
🟢BREAKOUT TP: 0.30,0.35
⚠️KEY ZONE: 0.257
