The price is currently moving in a triangle. This pattern leads to an area of high confluence.
Traders who use the resistance line as a guidance for possible short entries conquer to traders
who use the support line as a guidance for a possible long entry. Everybody is watching the price now,
especially after a last weeks strong move.
It's necessary to wait for a confirmation as shown in the chart.
I will update this chart accordingly!
Leave a thumbs up if you like this idea and Follow me for more ideas!
Feel free to support me on Patreon.
Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
Traders who use the resistance line as a guidance for possible short entries conquer to traders
who use the support line as a guidance for a possible long entry. Everybody is watching the price now,
especially after a last weeks strong move.
It's necessary to wait for a confirmation as shown in the chart.
I will update this chart accordingly!
Leave a thumbs up if you like this idea and Follow me for more ideas!
Feel free to support me on Patreon.
Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
Commentaire:
no confirmation yet
