We don’t have a bearish iCH on the chart yet for the substructure to turn bearish, but the price has reached a strong supply zone. Additionally, the lows of recent candles have all been lower than the previous ones, suggesting a potential move to the downside.
Targets are marked on the chart.
A 4-hour candle closing above the invalidation level will invalidate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
Targets are marked on the chart.
A 4-hour candle closing above the invalidation level will invalidate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
Trade active
It dropped more than 22%, and TP 1 was hit.
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Disclaimer
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🔥 See hot signals and top analyzes on our free Telegram channel: 👉 t.me/iMoney_T
🔥 Profitable signals are only posted on our free Telegram channel: 👉 t.me/iMoney_T
🔥 Profitable signals are only posted on our free Telegram channel: 👉 t.me/iMoney_T
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.