Observations:
- ARDR is slowly laddering and recently started to follow a new uptrend (pink)
- ARDR is now pushing to break out the 1935 hourly resistance.
- Expect to see ARDR reaching the buying zone (green rectangle), and then fly to at least our monthly level 2148 (red)
Rules:
- Wait for the price to close above the buying zone before entering the trade.
- Exit before the monthly level 2148 (red)
Our setup:
- Entry: 1935
- Target 2140 (Profit: 10.54%)
- Stop : 1877 (Loss: 3%)