Hello Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
OKB is overall bullish , and now retesting a strong support zone , so we will be looking for buy setups on lower timeframes.
on H4: Right Chart
The bulls took over by breaking above the last green high, and now we are in a correction phase.
🏹 Trigger => for the bulls to take over again, to start the next impulse, we need a new high to form and then a break above it. (projection in purple)
Meanwhile, until the buy is activated, OKB can still trade lower till the 37.0 support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
