Long
CHESSUSDT 1D

Short technical update 👇
On the daily timeframe, CHESS broke its bearish structure and completed a clean retest of the breakout level. The retest held, selling pressure is fading, and higher local lows are forming. The current structure suggests a recovery phase after a prolonged decline. The base scenario is a continuation to the upside with a move toward the MA200 as the next key mid-term target.
On the daily timeframe, CHESS broke its bearish structure and completed a clean retest of the breakout level. The retest held, selling pressure is fading, and higher local lows are forming. The current structure suggests a recovery phase after a prolonged decline. The base scenario is a continuation to the upside with a move toward the MA200 as the next key mid-term target.
Trade closed: stop reached
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📊 Trader | Analysis & Trade Ideas
📲 Telegram → t.me/totoshkatradingteam
FxPro → direct.cis-fxpro.trade/ru/partner/SwHtc7m3?platform=web
AMarkets → profit-market.info/promo/?g=BZA6ZC
📲 Telegram → t.me/totoshkatradingteam
FxPro → direct.cis-fxpro.trade/ru/partner/SwHtc7m3?platform=web
AMarkets → profit-market.info/promo/?g=BZA6ZC
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.