Hi mates, Sharing an trade idea for OPUSDT as we can see after getting a bounce from support now facing resistance for retracement, so i want to go for a long side retracement trade if it will break resistance and close above targets shared on chart. Traget are based on resistances.
One can use own time frame (smaller) for closing or activation of this trade for tracking this idea.
This is not and trade or investment advice. This idea is meant for learning only.
Best Regards happy trading- Amit
One can use own time frame (smaller) for closing or activation of this trade for tracking this idea.
This is not and trade or investment advice. This idea is meant for learning only.
Best Regards happy trading- Amit
Note
Yeterday closed above resistance, Today touched target 1. I assume it can do a retest towards resistance this time as supportNote
Trade can't be executed as got a very high closing after resistance break near to target one so now waiting for a retest as i provide my view in above update mates, and by the price action it seems that it is coming for a breakout retestTrade closed: target reached
All targets complete mates, Somehow it did retest according to update above price went very close near to resistance and bounced from therePublished chart-:
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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.