The price is currently consolidating around an important key area. From here we will be waiting for more confirmations before either going long or short. If the price manages to print some strong bullish candles and bounce off the structure, we will be opening BUY positions and aim for the target identified on the chart. On the opposite side, if the price manages to break the plotted zone and come back to re-test it, we will be opening SELL positions and aiming for the level illustrated on the graph.
Are you long or short on this one, family? Feel free to drop your ideas in the comment section below!
Are you long or short on this one, family? Feel free to drop your ideas in the comment section below!
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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.
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.