Hello Traders! It's Nika.
In this technical work, as we see here, there is a few things happening at the same moment.
First thing to focus on is that we have formatting double double-head acceding triangle.
We need wait or also go short for that with small time period. After that my prediction is the price will enter that channel in price range 1.13917 - 1.13247. So, after that we can wait for the market price confirmation and only after going Buy or Sell.
After all, what we got here is two good options.
1. Open short when market will open until the price will hit "Double-head acceding triangle" bottom.
2. Go into the position after a few days, when the price will enter & left channel range 1.13917 - 1.13247.
In long time period sell and buy probability, there is price marks on chart! So, you can use it as your TP.
Thank you!
Have a profitable day. :)
In this technical work, as we see here, there is a few things happening at the same moment.
First thing to focus on is that we have formatting double double-head acceding triangle.
We need wait or also go short for that with small time period. After that my prediction is the price will enter that channel in price range 1.13917 - 1.13247. So, after that we can wait for the market price confirmation and only after going Buy or Sell.
After all, what we got here is two good options.
1. Open short when market will open until the price will hit "Double-head acceding triangle" bottom.
2. Go into the position after a few days, when the price will enter & left channel range 1.13917 - 1.13247.
In long time period sell and buy probability, there is price marks on chart! So, you can use it as your TP.
Thank you!
Have a profitable day. :)
Trade active
Note
Note
With this idea, we are not keep tracking. Only if the price slowly will not back to downward trend.Note
The four days from our idea. It goes so well so correct way. Note
The "stage one" trading option 1. is completed successfully!Trading option 2. still active.
Note
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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.
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.