Chainlink on the move again. A monstrous displacement to the upside with MSS flipping the bias and close of multiple candles above the displacement. Would want to see a retracement down to the golden pocket (Fib 0.618/0.65) level for longs !
Although price could rally from here as we have a potential IHS as marked on the 4H chart ! In that case a clear break/retest and hold of the neckline would get me interested in longs!
As of now, plan is to wait for it to retrace to the levels mentioned on the chart.
Please DYDD - I am not a finnancial advisors. These trades are my ideas.
$LINK
