INJUSDT at 4h resistance after boucing from weekly level, likely
The price has hit the 4h resistance zone which was also the target of our long trade. The system says to short this level. I have already taken a short here towards 7.16 zone. That zone is LTF support and I expect the price to at least go down there from here.
Trade closed: target reached
The LTF support has been hit by the price. Although our target of this trade is a bit below the current level, profits can be booked here.
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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.