Price pushed up all day long to set the New ATH.
Market closing right now!
A quick update of price action and the chart breakdown before the Asian Session.
Op #1 - Price can respect the Resistance level and drop down as soon as the market opens.
Confirmation Entry level SELL - @3818.87 to @3791.7 📉
Op #2 - Expecting a potential push up to break the Resistance zone & ATH level @3834.
Confirmation BUY Entry - Wait for price to retest the 3834 level after breaking the resistance zone and target the @3850 (psychological level)
Advice: DON'T RUSH THAT ONE - WAIT FOR THE PRICE TO TELL US.
Aiming for a 1:4 ratio as usual.
Best move - Skip Asian Session & Wait for London to be sure of price direction!
Trade Safe!
@TeamWePrint
Market closing right now!
A quick update of price action and the chart breakdown before the Asian Session.
Op #1 - Price can respect the Resistance level and drop down as soon as the market opens.
Confirmation Entry level SELL - @3818.87 to @3791.7 📉
Op #2 - Expecting a potential push up to break the Resistance zone & ATH level @3834.
Confirmation BUY Entry - Wait for price to retest the 3834 level after breaking the resistance zone and target the @3850 (psychological level)
Advice: DON'T RUSH THAT ONE - WAIT FOR THE PRICE TO TELL US.
Aiming for a 1:4 ratio as usual.
Best move - Skip Asian Session & Wait for London to be sure of price direction!
Trade Safe!
@TeamWePrint
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.
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.