i just want to update my last analysiss
the fact is we are at a reversal zone
price want to retest the demand zone around $74 soon or late price will reach it
also rsi shows a powerful divergence and on algorithmic chart trend line is breaked from buttom. even on 2h chart there is gap betwin bearish candles.
i want to mention that there is chance for sudden upwardmove ( stop hunt , fake breakout ) dont get panic
be careful in financial markets(use stoploss).
feel free to ask questions or anything.
GOD BLESS
the fact is we are at a reversal zone
price want to retest the demand zone around $74 soon or late price will reach it
also rsi shows a powerful divergence and on algorithmic chart trend line is breaked from buttom. even on 2h chart there is gap betwin bearish candles.
i want to mention that there is chance for sudden upwardmove ( stop hunt , fake breakout ) dont get panic
be careful in financial markets(use stoploss).
feel free to ask questions or anything.
GOD BLESS
Comment:
did you guys see that fake breakout ? you can sence them before happening by rsi and channel lines
Comment:
you can take some profit around $82 its act as a support zone
Comment:
you can think about entering again around $96-97
Comment:
%15 profit till now , cheers
Trade closed: target reached
Comment:
%23 final profit ( spot )