first have a look at the long term trend :
it's been shown that a big long term uptrend has been broken with a nice double-top pattern, then after breaking the neckline, it's pull-backing to the broken support, and it's expected that the broken support act as a good resistance, so we can have a good Sell zone there
in short term trend we have a channel which shows acting price between two parallel line, but "RD+" shows that the price can't break the support directly so it's expected that we will have a pull back to the shown Sell zone then have a short position with a reliable trigger.
if this scenario happen the expected TP will be the "Blue zone" with a small SL which is upper than 1.30000 resistance (after breaking the trigger)
it's been shown that a big long term uptrend has been broken with a nice double-top pattern, then after breaking the neckline, it's pull-backing to the broken support, and it's expected that the broken support act as a good resistance, so we can have a good Sell zone there
in short term trend we have a channel which shows acting price between two parallel line, but "RD+" shows that the price can't break the support directly so it's expected that we will have a pull back to the shown Sell zone then have a short position with a reliable trigger.
if this scenario happen the expected TP will be the "Blue zone" with a small SL which is upper than 1.30000 resistance (after breaking the trigger)
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.