NEAR LOOKS BEARISH
Updated
near has a bearish structure. Price is constantly respecting supplies and creating lower Ls.
If the price returns to the red range, we will look for sell/short positions in this range.
Note that the green range is a strong support range!
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
If the price returns to the red range, we will look for sell/short positions in this range.
Note that the green range is a strong support range!
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active
NEAR made an upward move from the marked green box to the red box. We need confirmation for sell/short
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