If the price breaks the 1.13 resistance and stabilizes above it, it has the potential to grow up to the top of the channel
A correction of the price to the Fibo range of 50 to 62 and the formation of a support zone /price in case of a short-term resistance breakout has potential to reach the next resistance
If the price breaks out of the flag pattern, it has the potential to reach the resistance of 1096
4-hour fractal breakout/ Moving averages open/ In case of consolidation of the high fractal price, the potential for growth to resistance is shown
According to previous posts where the channel was shown at higher time, the price is in the undecided range for a stable trend, and until it breaks out of this range, there will be no accelerated movement
Breaking the resistance of 298 will lead to the start of a new rally
Low risk long position on positive reaction to short-term support 2.94
In case of consolidation above the short-term resistance of 319, the price will have the potential to continue its upward movement
Price compression range, exit from the channel according to the previous post, the potential for the main upward movement
The descending channel is valid with several touches, entering the long position in case of exiting the channel with the momentum candle
Today, the price touched the ceiling of the channel for the third time with a relatively sharp movement, the movement started from the midline of the channel, there is a possibility of correction to the midline and even the bottom of the channel, a stable upward movement will be realized by exiting the channel
Positive reaction to the valid support of 190/ if the price stabilizes above the range of 203, suitable for a long position
Crossing the trend line will be a long position / breaking the floor will be a sell position don't forget capital management
According to the previous analysis, in the event of a breakout of 1065, the price will have the potential for a deeper correction
A fractal breakout of 481 and a pullback is a signal to enter a long position/the target is the Fibo range of 50 to 62
If the price consolidates above the resistance of 2336 and with the breakout of the resistance of 2694, it has the potential to reach the middle line of the channel and in the next step, the ceiling of the channel With respect to capital management
In case of a consolidation above fractal 1065, the upward movement will continue until 1377, a break of the support of 1065 can cause a deeper correction in the price
In case of a high consolidation of fractal 214, observing capital management and stop loss of 195, it is possible to enter a long position