SKL is pulling back to the resistance area after the downward CH and the clearing of 2 support areas and the formation of the liquidity pool at the bottom.
This area is full of sell orders and sellers in this area will push the price down.
Look for triggers and confirmations in this area and enter sell/short positions at your own discretion.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
This area is full of sell orders and sellers in this area will push the price down.
Look for triggers and confirmations in this area and enter sell/short positions at your own discretion.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Note
After hitting the area, it dropped about 13%
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🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
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.