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Trendingmarket

Trending after its pullbackIn the two cases provided below, the case for the Sandbox and Decentraland are this market trending upwards. Similar is it for the case of Flux. Something to note is that flux is trending after its initial pullback. Entry Price: 1.29 Stop loss: 1.24 Target Price 1: 2.00 Target Price 2: 2.27 Target Price 3: 2.93 The general sentiment in the metaverse tokens is that this market is trending and with other metaverse tokens trending would the market sentiment lead to the Flux token be trending in the long term. Seen in this chart is the token is overbought in the short term and the MACD is about to close in the short term. This is not financial advice.
by vf_investment
GBPUSD Uptrend continues above 1.3150The PoundDollar is resuming its uptrend after a correction. The price has behaved as expected stopping at the 50% retracement. 15 Mins Price Behaviour: Consolidation and Breakout at 50% retracement level. We have seen the first impulse and a pause. This pause is an opportunity to Buy into the uptrend. Stop Loss is still recommended to be the Low of Yesterday. We need to see another impulse before we can use this morning correction low 15Mins as a stop. I encourage you to count the waves. Always count 4 Impulse and 3 Correctives. Trade with care.
Long
by Charts247TradingAcademy