📈This post is a direct follow-up to my previous post in which I wrote about reaching a strong support zone:
📈So far there has been no significant reaction.
📈Inferring from the economic situation, price behaviour and technical analysis indicators, the most likely scenario at the moment is accumulation around the support zone.
📈Anything can be expected on the chart at the current moment.
📈The most reasonable solution will be to wait to see how the market decides.
📈The scenario I am playing out is to wait for a strong upward price reaction to join the uptrend. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
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.
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.