Hello Traders! 👋
Here is the breakdown of the setup:
Key Levels: There are two major horizontal blue zones. These were previously support levels (where the price bounced up) that have now flipped into resistance (where the price struggles to break above).
Current Situation: The price recently crashed through the lower blue zone (approx. 1.3700) and is now retesting it from underneath.
The Strategy: The "Look for Shorts..Again" callout suggests that because the price is hitting this new resistance, it is expected to reject the level and head lower.
Target: The red arrow indicates an expectation of a downward move, likely targeting previous lows near 1.3500.
In short: The trend has shifted downward, and the analyst is looking to sell (short) as the price hits a "ceiling" at 1.3700.
Don’t forget to like and share your thoughts in the comments! ❤️
Here is the breakdown of the setup:
Key Levels: There are two major horizontal blue zones. These were previously support levels (where the price bounced up) that have now flipped into resistance (where the price struggles to break above).
Current Situation: The price recently crashed through the lower blue zone (approx. 1.3700) and is now retesting it from underneath.
The Strategy: The "Look for Shorts..Again" callout suggests that because the price is hitting this new resistance, it is expected to reject the level and head lower.
Target: The red arrow indicates an expectation of a downward move, likely targeting previous lows near 1.3500.
In short: The trend has shifted downward, and the analyst is looking to sell (short) as the price hits a "ceiling" at 1.3700.
Don’t forget to like and share your thoughts in the comments! ❤️
거래청산: 타겟 닿음
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.