According to the patterns seen in the 4-hour trading time frame, the probability of falling from the $312 range is very strong.
This downward trend can continue up to the lower trend line or even with its failure to the lower areas, but considering the previous trend, it should still be an upward scenario in our mind for a Plan B Scenario!
If the trend line of the ceilings is broken in the 4-hour time frame and by observing the Stop-Loss of the daily time frame, you can enter the short position and move towards lower targets.
Like & Comment, if you have any idea about it
This downward trend can continue up to the lower trend line or even with its failure to the lower areas, but considering the previous trend, it should still be an upward scenario in our mind for a Plan B Scenario!
If the trend line of the ceilings is broken in the 4-hour time frame and by observing the Stop-Loss of the daily time frame, you can enter the short position and move towards lower targets.
Like & Comment, if you have any idea about it
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1st TARGET Achieved!Trail Your Stop-Loss On Entry Level
Note
Just Trail your stop-loss and follow the trend to maximize your profit
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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.
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.