The order blocks at the top of the chart have been consumed, and most sellers have lost a large portion of their orders.
Price has completed a strong CH and is currently trading around a key level. There is also a liquidity pool visible above the chart near the Swing High (SW H).
All of these signs indicate that if a pullback occurs, price could move back toward higher levels.
The targets are marked on the chart, but the main target is the red supply zone.
For risk control, a pullback is needed to enter at a more favorable price, since the invalidation level must be placed properly to avoid losses if price drops.
If a pullback occurs, we will enter a buy/long position.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Price has completed a strong CH and is currently trading around a key level. There is also a liquidity pool visible above the chart near the Swing High (SW H).
All of these signs indicate that if a pullback occurs, price could move back toward higher levels.
The targets are marked on the chart, but the main target is the red supply zone.
For risk control, a pullback is needed to enter at a more favorable price, since the invalidation level must be placed properly to avoid losses if price drops.
If a pullback occurs, we will enter a buy/long position.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active
After hitting Entry 2, it pumped over 13% and the first target was reached.
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✅ Join our Telegram channel to succeed in crypto trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
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.