MPC - Shift In Momentum In Action 📉📈
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 MPC has been overall bearish trading within the falling channel in red.
📦 Currently, MPC is hovering within an Accumulation Phase between $0.3 round number and $0.36 major high.
📈 For the MarkUp phase to start, shifting the momentum from bearish to bullish, a break above the last major high in red at $0.36 is needed.
🎯 In such a scenario, a movement towards the $0.525 resistance would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
📉 MPC has been overall bearish trading within the falling channel in red.
📦 Currently, MPC is hovering within an Accumulation Phase between $0.3 round number and $0.36 major high.
📈 For the MarkUp phase to start, shifting the momentum from bearish to bullish, a break above the last major high in red at $0.36 is needed.
🎯 In such a scenario, a movement towards the $0.525 resistance would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
RichTL.com
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instagram.com/richthesignalyst
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t.me/thesignalyst
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cutt.ly/TickmillReal
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coincall.com/r/thesignalyst
RichTL.com
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Best Crypto Exchange
coincall.com/r/thesignalyst
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