As we had noted in the previous idea, 'IF we reclaim the blue (with BTC pushing higher) we will most likely have to wait'
PA reclaimed the blue box and pushed up back to the top of the range. We are currently heading towards and retesting it. (9.75$ area)
I would advice to wait for pa to give you an indication of where it wants to go before acting.
IF we reclaim it and start pushing higher I would expect us to head towards 10$
IF we fail to break higher and deviate we should head back towards 6.50$
BE PATIENT AND WAIT TO SEE WHAT THE MARKET GIVES YOU
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
http://dlvr.it/Sxp0KQ