In a groundbreaking development, Adial Pharmaceuticals, Inc. (NASDAQ: NASDAQ:ADIL ) has unveiled promising findings in the treatment of Alcohol Use Disorder (AUD) with its lead investigational drug, AD04 (low-dose ondansetron). A recently published peer-reviewed article showcases the remarkable clinical results, robust safety profile, and exceptional patient...
- Price in overbought territory - Sitting at top band of Bollinger band indicating snap back to the downside - At key level of supply zone resistance
Wait till the break of the channel to down and make a H1 down candlestick, then sell.
I drew possible directions, it is up to you where to enter. Be careful! ))) Have a good trade !
Probably the trend will break the purple line within the circle and go down. Wait for the break and appearance of a down candlestick in H1 or H4. Whish you good trade.
It is important to follow the red line, the trend can touch the line and go upward or break the line and go down. It is not advisable to make trades within the yellow circle, wait for the formation of a candlestick out of the danger zone.
Follow the arrows where breaks the channel line to downtrend then sell.
Watch My Video Analysis By Clicking The Link Below!