After several tests of the s/r zone we just tested it again and now we are close to another smaller support which was a resistance before (s/r zone) and we are able to draw in a trendline to the upside with 3 touches .
Now we have our set up with double confirmation if it gets triggered!
I will wait for a break n close through the support and trendline to the downside to enter a short trade .
If this scenario not happens and we see price go up instat of dropping i would consider a long trade after a break n close of the s/r zone to the upside .
But as i really prefer the downward move here i would just go long with 1/2 position cause in the daily we are still in bearish territory since round about start of the year.
Now we have our set up with double confirmation if it gets triggered!
I will wait for a break n close through the support and trendline to the downside to enter a short trade .
If this scenario not happens and we see price go up instat of dropping i would consider a long trade after a break n close of the s/r zone to the upside .
But as i really prefer the downward move here i would just go long with 1/2 position cause in the daily we are still in bearish territory since round about start of the year.
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