Hello Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
OKB is overall bullish , and now retesting a strong demand zone , so we will be looking for buy setups on lower timeframes.
on H4: Right Chart
OKB is bearish from a short-term perspective trading inside the red channel.
ðŸÂ¹ Trigger => for the bulls to take over, we need a new high to form and then a break above the upper red trendline and red zone.
Meanwhile, until the buy is activated, OKB can still trade lower till the 37.0 support or even break it downward.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
