This is a very clean setup. Very important weekly and monthly key level. #riskybet
Price is at very important weekly level. Previous week's candle was a strong bullish. Fundamentally strong and stable.
Weekly breakout. Strong uptrend. Tight base. All time high
Price is at important support level. Strong monthly close, nice breakout on weekly and daily.
My first attempt was a stoploss hit, may go for second attempt with small risk
Long-term target with long term stoploss! Break of weekly key level with good volume.
This particular setup is very interesting. I like how it is setting up. 98 -100 price range is important. March 2015 price spiked into this price range and reversed, and few weeks ago same thing happened. But now that price range is broken, and in my view it is setting up for next blow off. Before pulling the trigger I would like to see a daily candle close above...
Price reversing from monthly support. New Higher highs on daily
Not my usual setup. Price retraced into daily support area. Multiple trend lines confluence.
Breakout of weekly resistance, with strong bullish candle (daily).
Price broke a very important resistance and now turned into support.