Hi dear traders
As you saw in the previous analysis, we took full profit 📈
A reverse H&S pattern was formed.
Now for confirmation, the price can test the 25.3 support area as resistance.
If it fails to break this zone, we expect it to go down to the 22.5 zone. Otherwise price rise to near resistance area 25k.
We can open a limited sell position.
We are trying to take profit 📈in short term ✅.
Wait for confirmation.
All targets specified
Let's see what happens
This is not financial advice ( DYOR )
Good luck
As you saw in the previous analysis, we took full profit 📈
A reverse H&S pattern was formed.
Now for confirmation, the price can test the 25.3 support area as resistance.
If it fails to break this zone, we expect it to go down to the 22.5 zone. Otherwise price rise to near resistance area 25k.
We can open a limited sell position.
We are trying to take profit 📈in short term ✅.
Wait for confirmation.
All targets specified
Let's see what happens
This is not financial advice ( DYOR )
Good luck
Trade active
Comment:
Tp1 hit 🎯
Comment:
Tp2 hit 🎯
Comment:
Save some profit now.
Comment:
It's seem double top forming and price unable to breakout 23.8 resistance area.
We can open short position with suitable R:R
Let's see what happens
We can open short position with suitable R:R
Let's see what happens
Comment:
Finally price hit 24k .In 4H we can see long shadow, it's mean hit stop of sellers.
As you can see my stoploos active yet.l think price will return to support area near 22.8k ,22k .
I am waiting for another entery for short position.
If 4H candle close below 23.8k I expect price go down
Waiting for conformation
As you can see my stoploos active yet.l think price will return to support area near 22.8k ,22k .
I am waiting for another entery for short position.
If 4H candle close below 23.8k I expect price go down
Waiting for conformation
Trade active
Comment:
Save some profit at 23.55k
Comment:
Tp 23363 hit 🎯
Trade closed: target reached:
Full Targets
Good luck 🤗
Good luck 🤗
I wrote wrong, sorry.