Look at this setup, please. The price broke the local uptrend line. The market formed a swing low at 0.68000 level.
RSI confirmed the price reversal from 0.68150 level.
MACD lines and histogram confirm the further downward movement.
DMI is bullish, but ADX line falls - it tells us that buyers are not so active now.
Based on the 1H timeframe, we have a sell opportunity. In spite of the strong upward movement in the daily timeframe, this chart can provide a good sell trade, risky but with good risk/reward ratio.
It is possible to place pending orders for sell below 0.68000 and stop orders above 0.68150. Profit targets should be at SMA100 and SMA200.
It is not financial advice. It is just the description of a possible trading opportunity.
RSI confirmed the price reversal from 0.68150 level.
MACD lines and histogram confirm the further downward movement.
DMI is bullish, but ADX line falls - it tells us that buyers are not so active now.
Based on the 1H timeframe, we have a sell opportunity. In spite of the strong upward movement in the daily timeframe, this chart can provide a good sell trade, risky but with good risk/reward ratio.
It is possible to place pending orders for sell below 0.68000 and stop orders above 0.68150. Profit targets should be at SMA100 and SMA200.
It is not financial advice. It is just the description of a possible trading opportunity.
Catatan
the market broke the resistance zone. It means we have to wait for a new trading opportunity.
💰COPY MY TRADES FOR FREE! Join 👉 bit.ly/41DKDBD
📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit
💎 Share My BEST Trades here 👉 bit.ly/wubits
📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit
💎 Share My BEST Trades here 👉 bit.ly/wubits
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
💰COPY MY TRADES FOR FREE! Join 👉 bit.ly/41DKDBD
📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit
💎 Share My BEST Trades here 👉 bit.ly/wubits
📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit
💎 Share My BEST Trades here 👉 bit.ly/wubits
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.