Hi dear traders
As you saw in the previous analysis, we made a full profits 📈.
The price reached the first support area.
A large volume has entered the market.
Wait for the reaction to this volume.
We expect the price to test the 1600$ area, which was a support, as a resistance.
and fill the FVG area.
We are waiting for deviation 1600$.
If the false breakout is confirmed, we can open a limit sell order up to the specified area.
If the breakout is complete, the price will move to the 1700$ area.
I expect this scenario
Wait for confirmation.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
As you saw in the previous analysis, we made a full profits 📈.
The price reached the first support area.
A large volume has entered the market.
Wait for the reaction to this volume.
We expect the price to test the 1600$ area, which was a support, as a resistance.
and fill the FVG area.
We are waiting for deviation 1600$.
If the false breakout is confirmed, we can open a limit sell order up to the specified area.
If the breakout is complete, the price will move to the 1700$ area.
I expect this scenario
Wait for confirmation.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
Trade active:
SL 1696
Entery now or 1600 area
Tp1 1544
Tp2 1520
Tp3 1500
Tp4 1480
Tp5 1450
Take profit after each target
Entery now or 1600 area
Tp1 1544
Tp2 1520
Tp3 1500
Tp4 1480
Tp5 1450
Take profit after each target
Comment:
Tp1 hit 🎯
Comment:
Be careful for bounced from this area until 1600 🚫🚫🚫
Comment:
Tp2 hit 🎯
Comment:
Tp3 hit 🎯
Comment:
Tp4 hit 🎯
Trade closed: target reached:
Full Target ✔
Good luck 🤗
Good luck 🤗
As you can see, the price wants to test the 1600 area as a resistance, in case of a false break, you can enter a short position according to the analysis.