This market is only for a view investors, but really not recommended for retail traders with pockets smaller then a couple Millions.
As for the chart analysis on the weekly timeframe, we see that price had blown through the confluence point and through a couple resistance ranges.
The target is the white centerline.
A potential pullback to the prior resistance is absolutely possible.
Remember what Forks are for: "They project the most probable path of price", nothing more, nothing less. So as long as price trades within the white up-sloping Fork, the direction is clear.
Don't mess with the Dragon if you're not really sure you can handle him...
P!
As for the chart analysis on the weekly timeframe, we see that price had blown through the confluence point and through a couple resistance ranges.
The target is the white centerline.
A potential pullback to the prior resistance is absolutely possible.
Remember what Forks are for: "They project the most probable path of price", nothing more, nothing less. So as long as price trades within the white up-sloping Fork, the direction is clear.
Don't mess with the Dragon if you're not really sure you can handle him...
P!
Note
Weekly only:
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👉 Detailed Chart Analysis: youtube.com/@howtochart
✅ Learn to make money
✅ Earn while learning
🔱 All Freebies: howtochart.com/free4you
👉 Detailed Chart Analysis: youtube.com/@howtochart
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
🔱 FOLLOW & BOOST ME 🔱
✅ Learn to make money
✅ Earn while learning
🔱 All Freebies: howtochart.com/free4you
👉 Detailed Chart Analysis: youtube.com/@howtochart
✅ Learn to make money
✅ Earn while learning
🔱 All Freebies: howtochart.com/free4you
👉 Detailed Chart Analysis: youtube.com/@howtochart
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.