This counter seems like retracing and this can be opportunity to re-entry at the best possible price. We have seen clearly strong buying momentum and selling momentum slowing down as there's no LL created recently. Perhaps, price reject near support trendline and moves with slow downside momentum. Only consider to entry if price could hold the support area. My risk for the entry just below the recent low.
Trade attivo:
As expected, price moves to the upside. However, missed entry as the price keep trending and break above resistance area. I'm going to re-entry around RM5 and let's see how the price react on Resistance become Support area.
