ALGO BULLISH REVERSAL !
Hello Traders, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
ALGOUSDT, as we clearly see price is overall bearish trading around a massive support zone
So, as we can see in the picture
For a short-term perspective we need a break above the first neckline which is the first swing high
For the bulls to kick in
Second neckline for the bulls to kick in from a medium-term perspective we need a break above the upper neckline
Until that happens, we are still bearish, and we can still trade lower and lower to dive inside the support zone
And as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
ALGOUSDT, as we clearly see price is overall bearish trading around a massive support zone
So, as we can see in the picture
For a short-term perspective we need a break above the first neckline which is the first swing high
For the bulls to kick in
Second neckline for the bulls to kick in from a medium-term perspective we need a break above the upper neckline
Until that happens, we are still bearish, and we can still trade lower and lower to dive inside the support zone
And as usual follow your trading plan and manage your risk.
Be patient and good luck!
Note
glad to see you there, telegram channel: t.me/Snipers_F_x
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.
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.