MPC - Wait For The Trigger 🏹

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📦 MPC has been overall bearish trading within the falling channel in red.

📈 However, it is currently approaching a strong round number $0.3.

🏹For the bulls to take over and shift the momentum from bearish to bullish, a break above the last major high in red at $0.45 is needed.

In such a scenario, a movement towards the $0.65 resistance would be expected.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

TheSignalyst

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TheSignalyst

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