Th57Trader

ALGO Bearish Flag 🚩?🚩?🚩?🚩

Th57Trader Aggiornato   
BINANCE:ALGOUSDT   Algorand / TetherUS
Hi dear traders
As you saw in previous analysis we take profit 📈.
The price has formed a bearish flag.
If it loses the 0.26 support on the daily time frame, I expect the price to drop down to the 0.2444 and 0.2306 area.
Wait for a pullback to the 0.271 area to enter.
This area should be tested as resistance and the pattern confirmed.
Waiting ✋ for confirmation.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
Commento:
Price loses the 0.26 support area.
We can open short position now or wait for pullback completed to entery.
🎯0.25
🎯0.2444
🎯0.24
🎯0.2345
🎯0.2306
Stoploos above 0.28
Commento:
In LTF we can see bullish divergence, so it's better wait for pullback completed.
Commento:
Tp1 hit 🎯
Commento:
Tp2 hit 🎯
Commento:
Tp3 hit 🎯
Commento:
Tp4 hit 🎯
Commento:
Tp5 hit 🎯
Trade chiuso: obiettivo raggiunto:
Full Target
Good luck 🤗
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