Need to break break this resistance for next leg up

Zaktualizowano
Position type: Long
Entry Point: $7400
Enter if: $7400 breaks upwards
Target: $8400
S/L: $6800
Uwaga
Entry condition validated, long position placed.

Lets see how this rolls
Uwaga
Bounced back from $7850,
Expecting it to go up again after hitting $7400-$7500
Uwaga
Rejected at $7400 for now, lets hope this doesn't turn around now.
Uwaga
Trade Closed, Target reached!
Uwaga
Trend reversed at $8500, looks like it may break the trendline pointing up at test support at $7400. Opportunity for a short position if it breaks below $8000
Support and Resistance

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