Positional/longterm candidate.
Very Deep SL(26%) so do not bet big and buy at once. Slowly expose. Position size properly or else good chances of burning your hands.
-Narrow range candles forming at a resistance level
-Wait for a breakout with good volume and a wide clean candle. Safe traders wait for a day close.
Study the chart and make a decision. This is just a view and not a buy/sell recommendation.
Very Deep SL(26%) so do not bet big and buy at once. Slowly expose. Position size properly or else good chances of burning your hands.
-Narrow range candles forming at a resistance level
-Wait for a breakout with good volume and a wide clean candle. Safe traders wait for a day close.
Study the chart and make a decision. This is just a view and not a buy/sell recommendation.
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