XPTUSD - Testing Key Resistance Level – Potential Sell

12 Jan

The XPTUSD pair is currently approaching a key resistance level, a level that has historically acted as a strong supply area.

The recent bullish momentum appears to be slowing as the price approaches this resistance. If a rejection occurs, indicated by bearish candlestick patterns (such as a bearish engulfing or long upper wicks), the price could reverse toward the $956.212 level.

This setup aligns with the idea of trend exhaustion near resistance, creating a potential short opportunity for traders looking to capitalize on a retracement.

Let me know your thoughts on this analysis! Do you see a different outcome, or would you adjust the target? Share your insights in the comments below!

13 Jan

Dagangan aktif

13 Jan

Dagangan ditutup: sasaran tercapai

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