Kariss2

Kariss2

As we cab see the price bounced from that support level multiple times, and this time not only boncing from it , this time clearly have swept the liquidity from tha recent low , and have given as a good reaction and a good confirmation to the up side , possibly headed to the previous high ( HRLR)

Kariss2

As we cab see the price bounced from that support level multiple times, and this time not only boncing from it , this time clearly have swept the liquidity from tha recent low , and have given as a good reaction and a good confirmation to the up side , possibly headed to the previous high ( HRLR)

Kariss2 Updated 

As we can see we have a good level of support and clear rise in volume and we have a good engulfing candlestick as our confirmation to enter long

Kariss2 Updated 

As we can see ,we are in a bullish trend and we have a clear support level , that the price have bounced from multiple times , For confirmation ; we have clear rise in the level of volume and good engulfing candlestick .

Kariss2 Updated 

it may be the begininge of the bullish cycle , we did spot a good doble bottom on the weekly time frame on the trendline combined with good volume

Kariss2

Its almost gone up with about 40% from the last time we checked it out

Kariss2

When you look at this structure , its easy to spot a good confirmation for entering long

Kariss2

As we can see if we close bullish after this 4h candle we might witness some up movement continuing the main trend or at least we can reach to the previous lower high

Kariss2

A very powerful push to the down, by the seller's, you can see that in the big candle that break the resistance and with big volume

Kariss2

We also note that there is an uptrend breakout, close to a previous resistance and accompanied by a large volume

Kariss2

The price show a good rejection in SMA 209 and the channel with big volume

Kariss2

The resistance has been broken with big candle and big volume

Kariss2

As we can see the price break below the the channel with big candle and a big volume

Kariss2

now you can go in a short position white one lot and place the second sell order when the price action break the support and wait for the pullback for confirmation

Kariss2

There is a signe of strenght ( higher highs and higher lows into résistances ) i cant Be sure but if It break the résistances its gonna Be 95% correct to go in long position

Kariss2

in this case we should wait for retesting for going in long position we have to wait for the confirmation

Kariss2

int this moment this pair is for buy not to sell the porcentage to be right now is 89% put your stop loss in 61291.05

Kariss2

now you can sell in thie pullback and take your profit when it hits the next support