As we said before in the previous analyses that linked below 49K zone is strong local resistance here and it can dump price once again to targets like 45K--42K.
So we are looking for a local dump here like a red arrow on the chart.
Notice: the price may rise once again and form double top here too.
DISCLAIMER: ((trade based on your own decision ))
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So we are looking for a local dump here like a red arrow on the chart.
Notice: the price may rise once again and form double top here too.
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
Note
Why 49K is strong local resistance here:
Note
New update:
Trade closed: target reached
Local support touched
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Disclaimer
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My telegram channel:
t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned messages in my telegram channel for more info.
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.