The future of MELI.
Likely that we see a drop from where we are now toward $1,650 to try and prove support alongside HTF trendline and previous liquidity reaction.
With a failure to hold there, I will look for a short opportunity to $1,350.
Either way, there will be a very interesting tradable setup once things quiet down from earnings in a couple of weeks.
Happy Trading :)
Likely that we see a drop from where we are now toward $1,650 to try and prove support alongside HTF trendline and previous liquidity reaction.
With a failure to hold there, I will look for a short opportunity to $1,350.
Either way, there will be a very interesting tradable setup once things quiet down from earnings in a couple of weeks.
Happy Trading :)
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Weekly 'In the Trades' Newsletter - My favorite tradable setups right to your inbox!
betweenthetrades.substack.com
betweenthetrades.substack.com
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.