VANRY/USDT - Long!
Here is the chart on weekly tf.
Story: On weekly tf, price Rallied towards the top and then started retracing (pullback) breaking the internal structiure and keeping the higher tf structure valid.
from the top, price printed a higher low, then a lower high, followed by a lower low and then a lower high where the price started ranging and also tapped the demand area of weekly tf.
in this marked range, price is still intact with the range lows and on demand zone,
the trend line we see is also about to be broke.
Price can run towards its marked supply areas, I am placing stoploss below the range. NOT A FINANCIAL ADVICE, this is for myself. DYOR
Story: On weekly tf, price Rallied towards the top and then started retracing (pullback) breaking the internal structiure and keeping the higher tf structure valid.
from the top, price printed a higher low, then a lower high, followed by a lower low and then a lower high where the price started ranging and also tapped the demand area of weekly tf.
in this marked range, price is still intact with the range lows and on demand zone,
the trend line we see is also about to be broke.
Price can run towards its marked supply areas, I am placing stoploss below the range. NOT A FINANCIAL ADVICE, this is for myself. DYOR
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