$TAKE just went from a long boring base to a 150% move๐ช
Price spent months around $0.04 to $0.06 and then suddenly exploded toward $0.155
I'm not chasing this candle ..Very Risky
Right now I'm watching two things. If $0.095 to $0.10 gets retested & buyers defend it, I can look for the long
But if $0.155 rejects hard and we get a lower high, then the short side starts getting interesting
Either way I wanna let the chart show the direction first ๐
Long on the retest or short on rejection?
#TAKE
Price spent months around $0.04 to $0.06 and then suddenly exploded toward $0.155
I'm not chasing this candle ..Very Risky
Right now I'm watching two things. If $0.095 to $0.10 gets retested & buyers defend it, I can look for the long
But if $0.155 rejects hard and we get a lower high, then the short side starts getting interesting
Either way I wanna let the chart show the direction first ๐
Long on the retest or short on rejection?
#TAKE
