COCOS have just decreased over 50% after finishing our calculation, and now its buying force is coming back and we can expect this wave may give us a chance to retest the 1.1$ zone.
1.1$ zone is very strong and it rejected COCOS so many times from late January, so we need to be careful when it hit this zone.
If it conquers 1.1$ zone successfully, it will move up to 1.6$ zone in March.
📈BUY
-Buy: 0.77-0.83$
-Buy: 0.65-0.70$. SL if B
📉SELL
-Sell: 1.07-1.13$. SL if A
-Sell: 1.55-1.65$. SL if A
♻️BACKUP
-Sell: 0.65-0.70$ if B. SL if A
-Buy: 0.38-0.40$. SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
1.1$ zone is very strong and it rejected COCOS so many times from late January, so we need to be careful when it hit this zone.
If it conquers 1.1$ zone successfully, it will move up to 1.6$ zone in March.
📈BUY
-Buy: 0.77-0.83$
-Buy: 0.65-0.70$. SL if B
📉SELL
-Sell: 1.07-1.13$. SL if A
-Sell: 1.55-1.65$. SL if A
♻️BACKUP
-Sell: 0.65-0.70$ if B. SL if A
-Buy: 0.38-0.40$. SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
