BEPROUSDT Daily S/R| Swing High| Volume Climax| Trend

22 juil. 2021

Evening Trader’s,

Today’s analysis – BEPROUSDT- above a key high timeframe support level where a reversal is probable,

Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Swing High Objective
- Volume Climax

BEPROUSDT’s current price action is corrective, trading above a Daily S/R level , allowing for a bullish bias.

The immediate objective is the swing high, exceeding this level will lead to price discover.

The current volume profile has a climax, an influx in volume is needed for a trend continuation.

Overall, in my opinion, BEPROUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps,

Thank you for following my work

And remember!,

“Do not anticipate and move without market confirmation—being a little late in your trade is your insurance that you are right or wrong.” -Jesse Livermore