Hello Trading Fam! 👋
Price is moving within a clear range, bouncing between the upper resistance (upper bound) and lower support (lower bound). Recently, it dropped from the top of the range and is now approaching the lower zone again, where buyers have stepped in before.
At the same time, price is sitting on a rising trendline, adding extra support. This area is a potential buy zone, so the idea is to look for long entries here, targeting a move back toward the middle or top of the range.
Don’t forget to like and share your thoughts in the comments! ❤️
Price is moving within a clear range, bouncing between the upper resistance (upper bound) and lower support (lower bound). Recently, it dropped from the top of the range and is now approaching the lower zone again, where buyers have stepped in before.
At the same time, price is sitting on a rising trendline, adding extra support. This area is a potential buy zone, so the idea is to look for long entries here, targeting a move back toward the middle or top of the range.
Don’t forget to like and share your thoughts in the comments! ❤️
Nota
Price is at support with a falling wedge. Possible bounce upward from this zone.Trade chiuso: obiettivo raggiunto
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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.