Breakout of Days S/R again on Monday can implement a short strategy to the previous zone of 1.19606 where the break out can be confirmed after a downward price action movement level of 1.21691 with strong momentum.
- Another bearish scenario could be the test of 1.23769 level zone as mentioned on chart.
- A strong Bullish movement breaking above 1.24074 level and testing it respectively can mark a short term Bullish strategy.
Disclaimer .
Do NOT trade or invest based upon the analysis presented on this channel. Always do your own research and due diligence before investing or trading. I’ll never tell you what to do with your capital, trades or investments. I’ll also never recommend for you to buy, sell, long or short any asset, commodity, security, derivative or cryptocurrency related instrument as it's extremely HIGH RISK! You should always consult with a professional/licensed financial adviser before trading or investing in any cryptocurrency related product.
- Another bearish scenario could be the test of 1.23769 level zone as mentioned on chart.
- A strong Bullish movement breaking above 1.24074 level and testing it respectively can mark a short term Bullish strategy.
Disclaimer .
Do NOT trade or invest based upon the analysis presented on this channel. Always do your own research and due diligence before investing or trading. I’ll never tell you what to do with your capital, trades or investments. I’ll also never recommend for you to buy, sell, long or short any asset, commodity, security, derivative or cryptocurrency related instrument as it's extremely HIGH RISK! You should always consult with a professional/licensed financial adviser before trading or investing in any cryptocurrency related product.
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