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API3 looks bearish (2H)

API3 has not issued a bearish trigger yet, but considering that it has hit a key resistance level, formed a base, and the base has been broken, it is expected that the price will be rejected downward during the pullback.

We anticipate a drop from the red zone downward.

Targets are marked on the chart.

A 4-hour candle closing above the Invalidation Level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

Сделка активна

Upon hitting our red entry zone, it dropped more than 12%, and TP1 was hit.

behdark

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behdark

✅ Join our Telegram channel to succeed in trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN

💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark