The price moves in the ascending channel, when it is broken through, you can open a deal for lowering, so it will be more correct according to the Technical analysis.
But I see a big overheated and a triple bear divergence.
For this I try to sell at the level of 1680-1720
Stop Loss 1740
Goals 1575 1545 1515
Ratios Risk Profit 2.9
This is just my opinion, and is not a call to action) Looks good? Leave a like, share and leave a comment. Thanks for visiting.
Сделка активна
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first take 1575 - done
Сделка закрыта: достигнута тейк-профит цена
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2 -targets done / next change to 1525 / stop in profit /
@defixlazuardi, Thank you for your assessment, I am very pleased for your words)
Phantom999
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Nice analysis bro,thanx..so how would u react if price comes down first at the next open?would u change side and go long instead and targeting the new high?or u just go down and sell until reaching the ur target?thank u for ur time
PavelBodo
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@Phantom999, thanks for your comment
I will update the idea.
Most likely I am waiting for a smooth upward movement, where I will once again watch whether this is the end of growth.
so far we are going within the pennant.
Cancellation or the first sign will be the fastening with the full body of the candle above 1720