MPC - Wait For The Bulls 📈

455
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📦 After finding support around the $0.5 round number, MPC has been hovering within a narrow range.

📈 As long as the $0.5 support holds, we anticipate a movement towards the upper bound of the range at $0.7, which would also be a strong supply zone.

🏹For the bulls to confirm medium-term control, a break above the red trendline is needed.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.