Hello friends
considering the downtrend we have and the power of the sellers, we know that we should trade with the trend and be on the side of the one who has the market power.
So, at this stage, when we understand that our trend is down, we are now looking for the entry point that we have identified for you. This area that we have identified is the source of the price drop, which is full of sell orders. If the price pulls back to this area, when the sell orders are activated, they will cause the price to fall again.
This analysis is purely technically reviewed and is not a buy or sell offer, so do not be emotional and follow capital management.
*Trade safely with us*
considering the downtrend we have and the power of the sellers, we know that we should trade with the trend and be on the side of the one who has the market power.
So, at this stage, when we understand that our trend is down, we are now looking for the entry point that we have identified for you. This area that we have identified is the source of the price drop, which is full of sell orders. If the price pulls back to this area, when the sell orders are activated, they will cause the price to fall again.
This analysis is purely technically reviewed and is not a buy or sell offer, so do not be emotional and follow capital management.
*Trade safely with us*
Trade closed: target reached
full tp
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.
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.