The price is approaching previous all time high where we should see some resistance and profit taking.
It's an area where we can speculate on a short position with a stop loss.
The price has already broke above the upsloping resistance line, so we expect the price to go into discovery mode, however before it's happens we expect that the previous resistance will be back tested and confirmed as a support,which would be our target for a short position.
Once the support is confirmed you can flip bullish.
It's an area where we can speculate on a short position with a stop loss.
The price has already broke above the upsloping resistance line, so we expect the price to go into discovery mode, however before it's happens we expect that the previous resistance will be back tested and confirmed as a support,which would be our target for a short position.
Once the support is confirmed you can flip bullish.
💥 Free signals and ideas ➡ t.me/vfinvestment
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💥 Free signals and ideas ➡ t.me/vfinvestment
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.