On the 1Hr TF i've identified a bearish continuation pattern that
ICP has formed beautifully.
It has already flown to the 50% mark and pulled back. Though I want to see more bullish engulfing patterns
as PA leaves the demand zone and heads for supply. In all, expecting PA to head towards the $5.89 mark
to then continue the trend and trade below $5.21. You can trade either direction, but since you know where it's going..
you can play offense and setup a short at the above level mentioned, just make sure you SL is tight & GL!
It has already flown to the 50% mark and pulled back. Though I want to see more bullish engulfing patterns
as PA leaves the demand zone and heads for supply. In all, expecting PA to head towards the $5.89 mark
to then continue the trend and trade below $5.21. You can trade either direction, but since you know where it's going..
you can play offense and setup a short at the above level mentioned, just make sure you SL is tight & GL!
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
