Hi All,
Perfect bump and run structure and we just had a retest on the lead in trend line.
Once we pass this 618 resistance, up it goes to the fib ext. of 1 or near about.
We will likely see a consolidation under this resistance and it would surprise me we break out soon.
It is obviously a strong resistance as in the past.
How to trade this, look for smaller time frames for an entry.
For now, I'm looking at this level on the 4 hr chart for some sort of bull flag

#AVAX #Avalanche
All the best,
S.SAri


Perfect bump and run structure and we just had a retest on the lead in trend line.
Once we pass this 618 resistance, up it goes to the fib ext. of 1 or near about.
We will likely see a consolidation under this resistance and it would surprise me we break out soon.
It is obviously a strong resistance as in the past.
How to trade this, look for smaller time frames for an entry.
For now, I'm looking at this level on the 4 hr chart for some sort of bull flag
#AVAX #Avalanche
All the best,
S.SAri
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.