Hi, I hope the coming week will be a profitable week (:
The price is moving inside a descending channel.
If we ignore the triangle pattern, considering the yellow range and the type of previous movement (inability to enter the $10.817 range), we should have a reaction to the $9.733 range.
I prefer to close 75% of my sell trade at the $7.364 price range, but I can't ignore the triangle target, so that leaves 25% for that range.
Be sure to share your comments with us
The price is moving inside a descending channel.
If we ignore the triangle pattern, considering the yellow range and the type of previous movement (inability to enter the $10.817 range), we should have a reaction to the $9.733 range.
I prefer to close 75% of my sell trade at the $7.364 price range, but I can't ignore the triangle target, so that leaves 25% for that range.
Be sure to share your comments with us
Trade active:
It has not yet reached the first target.
In fact, if it reaches the $8 range, it will become interesting (:
In fact, if it reaches the $8 range, it will become interesting (:
Trade active:
At the moment, we are in the range of the loss limit):
But still, in my opinion, the trend is downward!
Note, the loss limit is not yet activated
But still, in my opinion, the trend is downward!
Note, the loss limit is not yet activated
Trade active:
The first target was touched.
There is a high possibility of an upward corrective trend and a continuation of the downward trend! I suggest that when the third target is touched, make your trade risk-free.
There is a high possibility of an upward corrective trend and a continuation of the downward trend! I suggest that when the third target is touched, make your trade risk-free.