Hey traders! π Let's dive into a potential trading opportunity on the USTECH pair using technical analysis. π
π Previously Bullish Trend: Firstly, on the 1H- timeframe, we've been witnessing a Bullish trend in the USTECH pair. π»
π Divergence on HHβS : However, it's crucial to note that recently, we have started to observe a divergence pattern on the HHβs. This is an important signal that the Bullish momentum might be weakening. ππ
π Trade Opportunity: Currently, we are looking at a potential trade opportunity with a Bearish bias.
π Entry Price: 14850.4
π― Stop Loss Level: 14949.3
πTP1: 14756.8 πTP2: 14662.9
π° Investment Advice: Please remember that trading carries risks, and it's essential to have a well-defined trading plan, proper risk management, and stop-loss orders in place. This analysis is for educational and informational purposes only and should not be considered as financial advice. Make sure to do your research and consider your risk tolerance before entering any trade.
Happy trading, and may the pips be in your favour! πππ° #HappyTrading #ProfitOpportunity #TradeSmart #CryptoSignal #StockSignal #TradingwithBelieve
Emir iptal
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As Nasdaq not give respect to 1-H time frame divergence and move upward our trade plan now cancelled