method for max profit
assume that the aqua horizontal is a bull trap
trade the breakout making sure you have marked ALL the res areas above and be ready to bail out in those areas
mark the supports underneath,especially the breakout point
trade out of those supp areas aswell
trade the bounce if it tests supp and take note of strength or weakness in the bounce
if price moves back into that supp area..aqua/green...that is quite wide so expect to scalp that range until you know which drection the new breakout is
if price carries on upwards or even downwards ..you are ready to go with the flow
you should have no bias with a pump or a dump scenario
chronics scenario suggests a bull trap...lets see
potentail supp/res areas
breakout....10272,10284,10308,10332
supp..10248,10224/biggish supp area then 10212
10308-10332 the possible move
10224 the reasonable supp area
lets see
