After recent price action and lower high print on smaller TF I am expecting another leg up which triggers stoplosses above trendline. It can easily move us in 16800 area. There is the first point where I am looking for short entry but if the volume is high and it will not be fakeout I would be look for another short entry in area 17.2 - 17.8. There I am looking for strong resistance and another good short entry. However the market is weak and any bad news can easily crash the market but withou any FUD we should go higher but it is not the end of bearish sentiment and bear market in general. Patience is the key I think the price will keep ranging from 15.5 to 17.8 for some time before any major move.
Entry point: 16.8?/17.2?/17.8?
Target: 15.5?
Entry point: 16.8?/17.2?/17.8?
Target: 15.5?
Not
as expected the price went up and we are in 16.8k area. Watch carefully here. It can easily go to 17.2-17.8. I am expecting one more leg up and probably I will be shorting there.Not
shorting here. Target around 15500Not
Clsong short ghere. Already took nice profit. Waiting for pullback above 17kFeragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.