
$ARB has been moving in 3-step phases. Currently we are again in Step 1, where the next phase should be the movement back above the EMAs.
The current support might be the level price bounces from, but it is not confirmed yet. What we are sure about is that a bounce should happen anytime soon… if price decides to repeat its previous behavior.
Looks logical, so for now we are targeting the zone above the EMAs while taking some DCA entries.
No financial advice just for learning purpose

