Simple game plan, considering price action is narrowing down:
Long Order:
✔️ Entry: 4090.00
⛔ Stop: 4050.00
🤑 Profit: 4203.90
Alternative scenario would be for the price to rest on the lower trendline, slowly trending up until it does a sudden drop down. In order for the above mentioned setup to be valid, I would like to see a bounce off that level, not consolidation.
Long Order:
✔️ Entry: 4090.00
⛔ Stop: 4050.00
🤑 Profit: 4203.90
Alternative scenario would be for the price to rest on the lower trendline, slowly trending up until it does a sudden drop down. In order for the above mentioned setup to be valid, I would like to see a bounce off that level, not consolidation.
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