It has been rejected multiple times at resistance zone at $40.. Now, if its unable to break $37.5 - $38 we are gonna short our position to given target and next demand zone which is we below $30. Risk reward is above 2 so it is worth taking the risk here!
long here as it unable to break lower low, it will retest the trendline, if its break that target will be .5352
if you look closely, unable to break the support and made higher high instead of lower low. have to look closely. I do very basic in trading as said before. I am taking long on AUDCHF Today
I am long on TokenUSDT. Retest done has been done demond zone looks strong here! according to the price action it may go near Supply Zone Again!
Retested demand Zone! it may pullback but price action is telling me it has to go to supply zone!
It has been in range and unable to break resistance and making now lower high and lower low! Demand zone is the target. however, if its changes it price action we are gonna book our profit and SL will be moving to Break Even!
Trend is UP! Retest on support make High high and higher Low!
However, The Trend is Down but once it makes high high and higher low and the reaction of the buyers are strong i am going to long here! Sellers are unable to make new lower low. the concept of this method is very basic and simple!
It has been in a solid Range! Trend is down, it is down time to short!