Short-term Trend
Updated
I'm posting analysis for short, mid, and long term.
This is the short term analysis based on the 4H chart.
Price has dropped greatly in the past few hours.
I wouldn't be too surprised to see a lower low, but I'm not too worried as I'm only trading 10% of my total investment currently.
We'll go up once more.
120 MA is acting as resistance.
This is the short term analysis based on the 4H chart.
Price has dropped greatly in the past few hours.
I wouldn't be too surprised to see a lower low, but I'm not too worried as I'm only trading 10% of my total investment currently.
We'll go up once more.
120 MA is acting as resistance.
Trade closed: target reached
We've clearly reached target.I wouldn't be trading even if price goes higher.
Instead I'll be waiting for a chance to go short.
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