Stellar is approaching a very interesting level where we may see a breakout or we may reject for the final time to reach our ideal buy area of 0.20.
SHORT Trade idea:
- Watch for lower timeframe trendline break
- Enter with stops above recent high
- target the 0.20
Breakout Trade Idea:
- Watch for a break of the descending black trendline
- Wait for a pullback and then enter with stops below the most recent rejection
- Targets: 0.43, 0.80
Goodluck!
SHORT Trade idea:
- Watch for lower timeframe trendline break
- Enter with stops above recent high
- target the 0.20
Breakout Trade Idea:
- Watch for a break of the descending black trendline
- Wait for a pullback and then enter with stops below the most recent rejection
- Targets: 0.43, 0.80
Goodluck!
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