Observation:
Price break Upward Channel (small)
Market decides whether to break Downward Channel (big)
Analysis:
Market cycle high probability of price consolidation.
Previous lower highs could dictate market memory to decide for a price drop.
If market respect dynamic resistance of downward channel (price retrace around 1.73), there is a high probability of price drop.
RSI oversold has the high probability price reached it's peak and could be a sign of reversal.
Conclusion:
Wait for more signals to confirm decision and place tight stop loss to reduce losses.
Price break Upward Channel (small)
Market decides whether to break Downward Channel (big)
Analysis:
Market cycle high probability of price consolidation.
Previous lower highs could dictate market memory to decide for a price drop.
If market respect dynamic resistance of downward channel (price retrace around 1.73), there is a high probability of price drop.
RSI oversold has the high probability price reached it's peak and could be a sign of reversal.
Conclusion:
Wait for more signals to confirm decision and place tight stop loss to reduce losses.
İşlem kapandı: durdurma seviyesi
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.
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.