Hello Traders, Hope you are doing great.
After a good upward movement that happened in last weeks, now it seems that bulls are going to lose their control and we'll probably see a downward correction after the price reaches to the specified supply zone, we also have regular divergences on 4H and Daily timeframes.
So for upcoming days I expect a slowly upward movement at first and after that Bears step in and cause a downward correction happen. Targets have determined by Blue dashed lines.
And finally Tell me What are your thoughts about MKR ? UP or DOWN ? comment your opinion below this post.
After a good upward movement that happened in last weeks, now it seems that bulls are going to lose their control and we'll probably see a downward correction after the price reaches to the specified supply zone, we also have regular divergences on 4H and Daily timeframes.
So for upcoming days I expect a slowly upward movement at first and after that Bears step in and cause a downward correction happen. Targets have determined by Blue dashed lines.
And finally Tell me What are your thoughts about MKR ? UP or DOWN ? comment your opinion below this post.
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Trade closed: target reached
Second Target Reached.
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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.