This order is currently testing the bottom, please wait for a signal.
Trading strategy:
-Long:
Wait for a clear break above the short EMA + strong volume, avoid Longing too early to prevent getting trapped.
-Short:
Wait for a clear break below $1.09 + failed retest, only then is it safe to Short.
-Stay out
Monitor an additional 1-2 candles in the 15m-1h timeframe, if it only bounces weakly, it is a clear sign of a trap.
