if it breaks upwards we have officially had a test of the previous ath versus btc.
I keep an eye on green box. If there is a strong reaction in this zone, I open a lung.
Otherwise I'll wait for the rejection at the red box. wait for the switch from bear to bull on the lower timeframes.
Thats it trade safe champs.
Ps; for me it is a strong signal when I come across a morning doji at a support. It's really a strong forcast that bottom has been reached. see circles.
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