1. Ripple bounced of that support beautifully while giving a clear 61.8 to the upside.
2. If we can get a breach @ .4940, the trade will be confirm to .55
3. Once price breaks .4940, we can get in after a follow up candle once it breached price.
4. Look for potential retest to add more orders, look for signs of reversal candles if it retest, then ride it for a 500 PIPS trade.
-Khairy