The price reached our support level 0240. If you bought from this level I recommend protect you positions with breakeven stop loss. There are 2 reasons for this: 1. The price showed weak bull reaction and formed new mini pullback level - 0242. 2. The price formed new mini-balance. And if this balance goes down, the price fall to 0216-0220.
If you have not bought, wait until the balance goes up or down. If up, buy at retest, if down, wait for the support level below.
Buy: 0251 (after breakout) Take Profit1: 0268 Take Profit2: 0294
Re-Enter: 0216-0220 Take Profit1: 0237 Take Profit2: 0262 Take Profit3: 0294
Stop Loss <1%
Priority: Balance Final Signal: Buy after breakout 0251 or re-enter 0216
Our balance with the range 0237-0257 goes down. It means that with the high probability the price will reach the support level 0223. But if the price movement won't go further down and the price returns to the balance (false breakdown), we can immediately buy from 0236.
Buy: 0236 (after false breakdown) Take Profit1: 0257 Take Profit2: 0294
Re-Enter: 0216-0220 Take Profit1: 0237 Take Profit2: 0257 Take Profit3: 0294
Stop Loss <1%
Priority: Balance Final Signal: Buy after breakout 0236 or re-enter 0216