But, what goes up, always comes down!
On 1 hour chart, we see the following:
- formation can take place
- previous support (green line)
Buy orders can be placed around 0.0009-0.00092 area with stop loss defined via red line on the chart. First target can simply be the (B) level mentioned on chart. If that is crossed, we are looking at 0.00160 again.
happy trading :)
Some profit booked and some position left open for the bigger target