New Trading Idea for ARUSDT
Updated
As referring to my previous idea, ARUSDT nicely touch on the target price but was unable to break through and retrace nicely which shows support at the yellow trend line. As it's approaching the tip of the triangle between the yellow line and the red line, it's time to observe again. For me, I personally think that it has a higher chance for the price to go higher. But always, set a stop loss if the price break support.
Note
as the price break the support, and reaches the tips of the triangle, the price encounter huge fluctuation. Stop los triggered as mentioned earlier.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.