i just want to update my last analysiss
the fact is we are at a reversal zone
price want to retest the demand zone around $74 soon or late price will reach it
also rsi shows a powerful divergence and on algorithmic chart trend line is breaked from buttom. even on 2h chart there is gap betwin bearish candles.
i want to mention that there is chance for sudden upwardmove ( stop hunt , fake breakout ) dont get panic
be careful in financial markets(use stoploss).
feel free to ask questions or anything.
GOD BLESS
the fact is we are at a reversal zone
price want to retest the demand zone around $74 soon or late price will reach it
also rsi shows a powerful divergence and on algorithmic chart trend line is breaked from buttom. even on 2h chart there is gap betwin bearish candles.
i want to mention that there is chance for sudden upwardmove ( stop hunt , fake breakout ) dont get panic
be careful in financial markets(use stoploss).
feel free to ask questions or anything.
GOD BLESS
Note
did you guys see that fake breakout ? you can sence them before happening by rsi and channel linesNote
you can take some profit around $82 its act as a support zoneNote
you can think about entering again around $96-97Note
%15 profit till now , cheersTrade closed: target reached
Note
%23 final profit ( spot )
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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.