Hello Traders,
We could see the currently price has reached major resistance and formed a double top. So by that evidence is consider me that price possible to retrace the movements.
however, please don't jump on the rally market as we need further retest for our evidence to calculate the ideal risk to reward before considering to trade it and consider to take the short trade after price able to breakdown the minor support and respect it as solid new resistance or price closed below zones highlighted.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
We could see the currently price has reached major resistance and formed a double top. So by that evidence is consider me that price possible to retrace the movements.
however, please don't jump on the rally market as we need further retest for our evidence to calculate the ideal risk to reward before considering to trade it and consider to take the short trade after price able to breakdown the minor support and respect it as solid new resistance or price closed below zones highlighted.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.