Hello dear friends
Strangely, this chart has an ascending guard!!!
If the price range of $15.34 is not completely consumed, we can expect the formation of an upward trend, according to the drawn scenario, up to the price range of $22.11.
If the $15.34 range is missed, the next area we would expect price to react to is $13.81.
*But it is very important to consider, if the $15.34 range holds, the bullish guard is valid, if this range is consumed, our mentality to form an uptrend is weakened*
We would be very happy if you share your thoughts with us.
Strangely, this chart has an ascending guard!!!
If the price range of $15.34 is not completely consumed, we can expect the formation of an upward trend, according to the drawn scenario, up to the price range of $22.11.
If the $15.34 range is missed, the next area we would expect price to react to is $13.81.
*But it is very important to consider, if the $15.34 range holds, the bullish guard is valid, if this range is consumed, our mentality to form an uptrend is weakened*
We would be very happy if you share your thoughts with us.
Transaction en cours:
It reacted to the range of $13.81, and has grown 14% so far and my first target has been touched at the price range of $15.8, the next target for me is the price range of $17.43.
After that, it should be seen whether he will succeed in consuming all the orders in the price range of $18.36 or not!!!
After that, it should be seen whether he will succeed in consuming all the orders in the price range of $18.36 or not!!!
Trade fermée: cible de profit atteinte:
The second target was also touched (;
If the current trend manages to move above the price range of $18.36, it can advance to the final target that we had in the price range of $22.11.
But it seems, in the 30-minute time frame, we have to wait for the formation of a corrective trend, whether it forms an upward trend again or not!?!? It depends on the momentum of the corrective movement and the type of price encounter with the specified areas.
Personally, I prefer to settle the whole transaction in this section.
The second target was also touched (;
If the current trend manages to move above the price range of $18.36, it can advance to the final target that we had in the price range of $22.11.
But it seems, in the 30-minute time frame, we have to wait for the formation of a corrective trend, whether it forms an upward trend again or not!?!? It depends on the momentum of the corrective movement and the type of price encounter with the specified areas.
Personally, I prefer to settle the whole transaction in this section.
If the bullish signal is not issued in the range of $13.81, the whole scenario will expire.