Market Conditions:
- trend reversal situation
- consolidation around the resistance
- bullish sentiment in the market
Key Level and Lines:
- $6.50 resistance
- downtrend line
Trading Ideas:
- go long after consolidation below the resistance if the price moves above it
- go short if the price bounces from the resistance supported by bearish sentiment.
- trend reversal situation
- consolidation around the resistance
- bullish sentiment in the market
Key Level and Lines:
- $6.50 resistance
- downtrend line
Trading Ideas:
- go long after consolidation below the resistance if the price moves above it
- go short if the price bounces from the resistance supported by bearish sentiment.
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