If the blue range is engulfed in a short uptrend, we can have the mentality of an uptrend. The price range of $ 0.5789 (yellow range) seems to be suitable for entering a trade in order to climb the price.
Trade closed: target reached
The trend and the point of entry and the target were beautifully defined.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.