RACE has been in a correction phase lately,
but price is now approaching a very strong support zone.
This area is not random.
It’s the intersection of:
• Rising trendline
• 300 round number
• Demand zone
A clear confluence.
As long as this zone holds,
the bulls remain in control.
And we will be looking for trend-following longs
targeting a continuation toward higher levels.
Lose this level…
and the structure starts to weaken.
But for now, the setup is clear.
Do you think Ferrari is just refueling here…
or is the engine starting to stall?
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
but price is now approaching a very strong support zone.
This area is not random.
It’s the intersection of:
• Rising trendline
• 300 round number
• Demand zone
A clear confluence.
As long as this zone holds,
the bulls remain in control.
And we will be looking for trend-following longs
targeting a continuation toward higher levels.
Lose this level…
and the structure starts to weaken.
But for now, the setup is clear.
Do you think Ferrari is just refueling here…
or is the engine starting to stall?
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
📊I help you turn charts into a career
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t.me/thesignalyst
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Trusted Crypto Prop Firm
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theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
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.
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
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.