ADA is looking very nice here in this setup, although there is still a strong possibility that we will end up going down to the Macro Entry Zone, I am gonna take a leverage long at this ATWHWB.
The Correction Channel looks very nice and helps signify a change in trend. Coupled with the marginally lower lows and rounding bottom, I can feel pretty confident about the Bullish case.
BUT, no matter how confident I am, I will be prepared to be wrong and react to new market data. That is why I include Multi Degree setups in my analysis.
Key Levels on the chart!
Happy Trading, always manage risk.
Quality in trading is the ability to react to one's own personal psyche