Hello !!
Welcome to quick update of TLMUSDT. As we all know the market is very uncertain and we are unsure about the trend whether bullish or bearish.
I have analyzed the chart of TLM, it was trading inside a channel since long time but it broke it when BTC broke 38200 level. TLM made an all time low of .0695 and it pumped until .0770. As of now, it is trading...
What tells us about the upcoming reversal?
- Peaking RSI and decreasing in momentum
- Demand zone
- 0,618 Fibonacci
What do we need in order to trade short?
- Reversal candlestick pattern
- Closure under demand-zone
Remember to put stop loss above demand zone and have a nicely done RR and analysis for yourself :)
If you like this idea, feel free to copy it! Don't forget to like and follow me for more setups!
AudUsd short term analysis.
GAP at the bullish candle to be covered, H1 short trend, possibly the market can go cover the inefficiency and go up to continue the short trend later.
In the meantime, I'll take the long retracement, and then consider for a short...
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A favourable deal with Europe in the Brexit negotiations and the fast and efficient roll out of the COVID...
