swing up

Based on the RSI there is a bullish divergence and the macd is about to cross over.
There are many times the resistance around 8 has been tested.
I plan on waiting for confirmation for a good candlestick, take profit at 9 ,where there is more resistance and re-enter on confirmation as there is quite a bit of resistance around the 9 level, which could also provide a short opportunity.

Would be a nice Christmas present if it swings up to 11

註釋

upon further review it appears there is another resistance at 8.77 but the trade would still be a decent risk to reward trade with the new target.

註釋

Trade failed, should had known after dec 2nd and should and predicted it by looking at nov 21, where there was a strong rejection on 8.20 and it failed to act as support a couple days later.
Furthermore, using an ichimoku indicator a big red cloud is above the candles, so its unlikely it will reach the intended target, let alone 8.20.
Live and learn.