Hello Fellow Traders. This is Richard, also known as theSignalyst.
After an over-extended bearish trendline , IDEA has been trading inside a range after rejecting the round number 0. 01
We have been stuck inside the accumulation between 0. 01 and 0.018
🏹 For the bulls to take over, we need a Daily Candle Close above 0.018
Meanwhile, since IDEA is inside a range, we will be looking for short-term buy setups as we approach the lower bound of the range 0. 01
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
