Resistance has been broken and is being retested. The analysis on Cryptos' is not easy as the past is one vertical red bar -slasher style
However, detailed analysis of this pair leads me to believe that firstly Resistance has been broken and has just been retested - if it holds I will stay in this trade till the two thin red lines. The resistance level is also the 382 of the last swing and the 236 retracement = lovely confluence. The previous swing terminated at the precise level of 127% extension (often it does). So I will put a limit at the 127% of this swing. Who knows?
However, detailed analysis of this pair leads me to believe that firstly Resistance has been broken and has just been retested - if it holds I will stay in this trade till the two thin red lines. The resistance level is also the 382 of the last swing and the 236 retracement = lovely confluence. The previous swing terminated at the precise level of 127% extension (often it does). So I will put a limit at the 127% of this swing. Who knows?