You can cleary see a nice range forming just below D1 key resistance level. If price can manage to keep up the bullish momentum i enter a trade based on my low timeframe analysis. Means if we break the trendline i go in and adding if we break the range resistance.
I personally dont trade the bearish scenario but of course it is also possible that the price breaks the range to the downside. So always wait for confirmation!
Dont forget to take profits if you have some and place a SL :)
I personally dont trade the bearish scenario but of course it is also possible that the price breaks the range to the downside. So always wait for confirmation!
Dont forget to take profits if you have some and place a SL :)