We see APT break out of its descending resistance and moving above the POC.
WIll this signal a continuation to the upside? or a SFP (swing failure pattern) to the downside?
Keep in mind the bearish descending triangle pattern it is also forming.
Using the hourly level as support.
Trade Safe Friends <3333
WIll this signal a continuation to the upside? or a SFP (swing failure pattern) to the downside?
Keep in mind the bearish descending triangle pattern it is also forming.
Using the hourly level as support.
Trade Safe Friends <3333
Note
Just to add, If we see a continuation to the upside, be mindful of the liquidity level at 22.665
:)
Note
These are variations we should all keep in mind.As traders, we are not the best at predictions...
No, not at all....
We are the best at REACTING
Some of the best traders I know have the quickest reaction times I've ever seen.
Note
In this update, we see APT break out of its descending trend.But will it test the hourly level and validate it as support?
Will this validation drive APT's price to the upside?
Keep in mind there is still trapped liquidity at the 22.00 level.
We shall wait and see how this hourly level holds its price.
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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.