Hello Fellow Traders. This is Richard, also known as theSignalyst.
UNIDEF has been stuck inside a big range between the 0.0002 support and 0.00027 resistance.
The bulls are clearly in control medium-term resulting in higher highs and higher lows.
🏹 If we retest the green support and orange trendline again, we will be looking for trend-following buy setups on lower timeframes
For the bulls to take over long-term, we need a daily candle close above 0.00027 blue resistance.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
