IDEA - Potential Bullish Reversal!

Hello everyone, if you like the idea, do not forget to support with a like and follow.

IDEA is approaching a support zone so we will be looking for buy setups on lower timeframes.

on H4: IDEA is forming a channel in blue but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)

Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)

Meanwhile, until the buy is activated, IDEA would be overall bearish can still trade lower inside the channel and test 0.10 before going up.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich