H4: Price did't brake down the trendline, instead it rejected by the EMA(8). If price broke up the resistance it will most likely go up. However, there's also a possibility that the price will go down after hitting the resisstance or create a fake breakout, make a divergence and confirm the bat pattern. Wiat for confirmations for longing or shorting.
Note
Move as expected. Now it's half way to the target area, we can take some profit and move SL to BEP then let's the rest profit run.
Happy trading
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.