We are trading in an uptrend, where the price has approached our key zone and has shown a strong reaction on the 30-minute timeframe. Now, we can wait for the price to approach the zone again and bounce off it, which will present an opportunity to enter a sell position.
If the price breaks through the zone and then bounces off it, we can consider continuing the buy trend. However, we must wait for proper confirmation, so the chart shows us which side is stronger.
If the price breaks through the zone and then bounces off it, we can consider continuing the buy trend. However, we must wait for proper confirmation, so the chart shows us which side is stronger.
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