Short ARC
On the 4H timeframe, we can clearly see that price reacted very strongly to the trendline I drew. Each time it touched this zone, price bounced consistently. Most recently, price broke below the trendline, came back for a retest, and showed a strong bearish rejection.
RSI has been in overbought territory repeatedly and is now starting to show signs of weakness. I wouldn’t be surprised to see price return to the 0.02477 zone in the near future.
TP: 0.02477
SL: 0.10107
RR: 1:6.46
On the 4H timeframe, we can clearly see that price reacted very strongly to the trendline I drew. Each time it touched this zone, price bounced consistently. Most recently, price broke below the trendline, came back for a retest, and showed a strong bearish rejection.
RSI has been in overbought territory repeatedly and is now starting to show signs of weakness. I wouldn’t be surprised to see price return to the 0.02477 zone in the near future.
TP: 0.02477
SL: 0.10107
RR: 1:6.46
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.