short term consolidation...what is next?

Zaktualizowano
Hi everyone

price is moving neutral and has formed a symmetrical triangle.

so more consolidation in short term is expected. and both side still possible

based on our condition we can have 2 possibilities:

-price will close below our support level 18560$ and drop to our main demand

area between 17150$ & 16200$.... more drop possible too

- or price will close above the resistant level 20400$ and rise to our main supply

area between 22650$ & 23700$.

you can share your view and charts here.... what do you think?



Enjoy the market
Zlecenie aktywne
still same condition validate and both side possible
snapshot
Zlecenie aktywne
impulsive move after the price broke my key resistant level
now the price is forming a bullish flag and we can expect more upward pressure the area I mentioned before.
snapshot
Chart PatternsTechnical IndicatorsTrend Analysis

Powiązane publikacje

Wyłączenie odpowiedzialności