⚡ Price Analysis:
1️⃣ Price bouncing from the demand zone
2️⃣ Strong candle formation near the demand zone.
3️⃣ Breakout above the marked golden zone will trigger the confirmation for the new ATH
⭐ Key Observations:
➡️ Strong bounce back from the demand zone.
➡️ EMA is also acting as a dynamic support.
➡️ RRR is not favourable since the SL is big, so I'll not plan a trade here. Just watching it.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. For learning ONLY. Views are personal. Please, do your due diligence before investing.⚠️
🍀Cheers! 🔥
1️⃣ Price bouncing from the demand zone
2️⃣ Strong candle formation near the demand zone.
3️⃣ Breakout above the marked golden zone will trigger the confirmation for the new ATH
⭐ Key Observations:
➡️ Strong bounce back from the demand zone.
➡️ EMA is also acting as a dynamic support.
➡️ RRR is not favourable since the SL is big, so I'll not plan a trade here. Just watching it.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. For learning ONLY. Views are personal. Please, do your due diligence before investing.⚠️
🍀Cheers! 🔥
Anubrata Ray ⚡
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Anubrata Ray ⚡
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.