#ARB
The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary.
The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions.
There is a key support zone in green at 0.09500. The price has bounced off this zone several times, making it a strong support level.
The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.
Entry Price: 0.1070
First Target: 0.1090
Second Target: 0.1120
Third Target: 0.1148
You can stop at the first and second targets and close the price, or continue towards the third target. Stop Loss: At the resistance zone in green.
Remember this simple rule: Money Management.
Any questions? Please leave a comment.
Thank you.
The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary.
The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions.
There is a key support zone in green at 0.09500. The price has bounced off this zone several times, making it a strong support level.
The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.
Entry Price: 0.1070
First Target: 0.1090
Second Target: 0.1120
Third Target: 0.1148
You can stop at the first and second targets and close the price, or continue towards the third target. Stop Loss: At the resistance zone in green.
Remember this simple rule: Money Management.
Any questions? Please leave a comment.
Thank you.
تم فتح الصفقة
#ARB
First Target: 0.1090 Reached
Second Target: 0.1120 Reached
أغلقت الصفقة: تم الوصول للهدف
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Join Telegram Channel Signals Futures and Spot
👉 t.me/+WN4RexVn8DM2MTlk
👉 t.me/+WN4RexVn8DM2MTlk
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.