Breakout retests are where high-probability trades develop.
$LINK broke out of a multi-day consolidation on rising volume, hitting 8.896 before pulling back to test the 7 MA on the 4-hour timeframe. As long as price holds above the key horizontal flip near 8.45, the market structure favors further upside expansion.
Bias: LONG Entry Zone: 8.55 - 8.72 SL: 8.28 TP1: 8.90 TP2: 9.25 TP3: 9.60
BTCETH
Are you buying this retest or waiting for a deeper pull into major support?
$LINK
$LINK broke out of a multi-day consolidation on rising volume, hitting 8.896 before pulling back to test the 7 MA on the 4-hour timeframe. As long as price holds above the key horizontal flip near 8.45, the market structure favors further upside expansion.
Bias: LONG Entry Zone: 8.55 - 8.72 SL: 8.28 TP1: 8.90 TP2: 9.25 TP3: 9.60
BTCETH
Are you buying this retest or waiting for a deeper pull into major support?
$LINK