Please support this idea with LIKE if you find it useful.
Price broke the first Horizontal Resistance on 7.800$ and took off. Currently we are testing the 8.300$ Horizontal Resistance Zone (previously served as a support for H&S).
In case there is a confirmed breakout we can initiate a long position.
Rejection can lead us to the lower Horizontal Support zone. In this case we will wait the confirmed retracement of the Horizontal Support and can initiate a long position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Price broke the first Horizontal Resistance on 7.800$ and took off. Currently we are testing the 8.300$ Horizontal Resistance Zone (previously served as a support for H&S).
In case there is a confirmed breakout we can initiate a long position.
Rejection can lead us to the lower Horizontal Support zone. In this case we will wait the confirmed retracement of the Horizontal Support and can initiate a long position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Join this telegram channel to see more ideas:
t.me/anputeam
Twitter account:
twitter.com/anputeam
t.me/anputeam
Twitter account:
twitter.com/anputeam
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.
Join this telegram channel to see more ideas:
t.me/anputeam
Twitter account:
twitter.com/anputeam
t.me/anputeam
Twitter account:
twitter.com/anputeam
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.