Current price holding and rejection from POC.
Opens the door to the VAH level, but before that I expect another drop because the 100 and 200 Dma arrive at the daily level of 1.72.
If the setup appears down again at POC or a little below the last monthly level, you can entry to swing long and try to capture 60% of the profit.
I showed where I would hold a stop loss if this idea comes up.
A hidden bullish divergence appeared on the weekly.
Below stop loss to be passive, possibly a DCA who follows and believes in this project.
If you like this post, check my profile and find something useful!
Opens the door to the VAH level, but before that I expect another drop because the 100 and 200 Dma arrive at the daily level of 1.72.
If the setup appears down again at POC or a little below the last monthly level, you can entry to swing long and try to capture 60% of the profit.
I showed where I would hold a stop loss if this idea comes up.
A hidden bullish divergence appeared on the weekly.
Below stop loss to be passive, possibly a DCA who follows and believes in this project.
If you like this post, check my profile and find something useful!
Comment:
we got an impulse, if the price holds and does not decline until the POC , we may not have a chance to enter. Patience and focus on performance
Comment:
new zone for long, we have 0.618 + weekly level + POC, let's see
