Hi fellow traders,
We indeed hit the previous resistance line (horizontal yellow line) then stuck at .786 retrase line from ATH (white horizontal line).
We still have about less than 30 mins to close the current candle, but we won't get through it unless bulls hit it again with serious volumes. We are still stuck in the small downtrend channel. I will wait for more solid price actions to open my position.
Happy trading!
We indeed hit the previous resistance line (horizontal yellow line) then stuck at .786 retrase line from ATH (white horizontal line).
We still have about less than 30 mins to close the current candle, but we won't get through it unless bulls hit it again with serious volumes. We are still stuck in the small downtrend channel. I will wait for more solid price actions to open my position.
Happy trading!