It seems to me , that the selling pressure in this share is over.
I think there are two possibilities of moving up:
1. Pure move, from this position to 41-42$
2. Testing buyers via pinbar (31.80-32.30$) (and also taking volume in position with the help of activating stoplosses of weak traders)
Anyway - i suppose, that new price range is 31.80$-41.44$ for the next 3-4-5 monthes. Critical points (31.82$ and 41.44$) are strong enough to provide new zones of support and resistance.
I think there are two possibilities of moving up:
1. Pure move, from this position to 41-42$
2. Testing buyers via pinbar (31.80-32.30$) (and also taking volume in position with the help of activating stoplosses of weak traders)
Anyway - i suppose, that new price range is 31.80$-41.44$ for the next 3-4-5 monthes. Critical points (31.82$ and 41.44$) are strong enough to provide new zones of support and resistance.
Nota
Nota
Market seems to be very weak. I am afraid about having a gap down from opening.
Trade chiuso: stop raggiunto
I will wait for another opportunity.Trade attivo
It's time to try again. Buy 31.80-32.00
Stop 31.30
Take Profit 1: 36.00
Taake profit 2: 41.00
Telegram, ideas, and articles (UKR)
t.me/SVTRADINGIDEAS
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Telegram, ideas, and articles (UKR)
t.me/SVTRADINGIDEAS
t.me/SVTRADINGIDEAS
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.