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! ❤️
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.
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.
