How I see it:
** Key Resistance @ 2928.00 - 2943.00.
** Key Support @ 2828.00
A potential correction to demand area @ 2870.00 - 2854.00 is possible.
If key resistance holds - SHORT,
TP 1 = 2888.00
TP 2 = 2870.00
TP 3 = 2859.00
and/or
If demand area holds - LONG,
TP 1 = 2888.00
TP 2 = 2928.00
TP 3 = 2940.00
Keynote:
I will wait for price to correct down to demand area and see how price reacts.
Then I will wait for my confirmations to enter a "LONG" Position.
Thank you for taking the time to study my analysis
** Key Resistance @ 2928.00 - 2943.00.
** Key Support @ 2828.00
A potential correction to demand area @ 2870.00 - 2854.00 is possible.
If key resistance holds - SHORT,
TP 1 = 2888.00
TP 2 = 2870.00
TP 3 = 2859.00
and/or
If demand area holds - LONG,
TP 1 = 2888.00
TP 2 = 2928.00
TP 3 = 2940.00
Keynote:
I will wait for price to correct down to demand area and see how price reacts.
Then I will wait for my confirmations to enter a "LONG" Position.
Thank you for taking the time to study my analysis
Note
I don't know why my charts are not updating the candles, my apologies
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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.
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.