Entry Zone:
The market has recently experienced a sharp rise, reaching a key resistance area at approximately 145$
This level coincides with the 61.8% Fibonacci retracement level, making it a potential reversal zone.
The price is now pulling back, indicating a possible opportunity for a short entry around this area.
Target:
Targeting the key high 175
Stop Loss:
Place a stop loss below 38$ ish
Trade Rationale:
After a strong rally breakount of the accumulation range the market has begun to show signs of strength.
This 61.8% Fibonacci retracement is a perfect setup for continuation.
The market has recently experienced a sharp rise, reaching a key resistance area at approximately 145$
This level coincides with the 61.8% Fibonacci retracement level, making it a potential reversal zone.
The price is now pulling back, indicating a possible opportunity for a short entry around this area.
Target:
Targeting the key high 175
Stop Loss:
Place a stop loss below 38$ ish
Trade Rationale:
After a strong rally breakount of the accumulation range the market has begun to show signs of strength.
This 61.8% Fibonacci retracement is a perfect setup for continuation.
💎💎- Professional Trader
💎💎 - Discord: discord.gg/gHKNVMyEvd
💎💎 - Trading Course: liquiditysweep369.carrd.co/
💎💎 - Discord: discord.gg/gHKNVMyEvd
💎💎 - Trading Course: liquiditysweep369.carrd.co/
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.
💎💎- Professional Trader
💎💎 - Discord: discord.gg/gHKNVMyEvd
💎💎 - Trading Course: liquiditysweep369.carrd.co/
💎💎 - Discord: discord.gg/gHKNVMyEvd
💎💎 - Trading Course: liquiditysweep369.carrd.co/
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.