Hello guys
In here , we have a downward channel that the price in moving between roof and bottom of them
From 2 view of technical :
At first from the classical view we are in downward channel and we expect from the roof of the channel when price impact to roof , fall down until reach the bottom of the channel
In another view of price action we have a key and until the key is not break up and close candle above them the analysis is valid
So we conclude that in the sell zone area because of we have 2 view resistance in here ( we told you why ) we should find a sign for sell , like reverse hammer or descending cover or ...
Dont forget use stop loss after to take position and PLEASE DONT OPEN POSITION WITH YOUR EMOTIONAL
Do it correct and go to the GOD
Good Luck
Abtin
In here , we have a downward channel that the price in moving between roof and bottom of them
From 2 view of technical :
At first from the classical view we are in downward channel and we expect from the roof of the channel when price impact to roof , fall down until reach the bottom of the channel
In another view of price action we have a key and until the key is not break up and close candle above them the analysis is valid
So we conclude that in the sell zone area because of we have 2 view resistance in here ( we told you why ) we should find a sign for sell , like reverse hammer or descending cover or ...
Dont forget use stop loss after to take position and PLEASE DONT OPEN POSITION WITH YOUR EMOTIONAL
Do it correct and go to the GOD
Good Luck
Abtin
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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.