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$XNY Payment breach… Retesting is the key
Trading setup (Quick signal)
Entry: 0.0066 - 0.0072
Stop loss: 0.0059
Take profit: 0.0078 - 0.0100
I'm not chasing the top here. The move has already gained momentum, so I want to see if the price stays above the breakout zone around 0.0066 - 0.0070. If that happens, the trend could continue.
Strong momentum, noticeable volume increase, and the old range left behind. If 0.0059 is lost, this quickly turns into a fakeout.