Hello Dear friends
We have bullish signals on higher time frames; Like the possibility of completing the bearish wedge pattern at the end of the downtrend, provided that the price range of $11.18 is maintained
But on the 30-minute time frame, we have a tight movement that can be from both the top and the bottom, and the probability of its exit is high. Provided that the range of $15.93 is maintained, there is a high possibility of forming a downward trend in lower time frames, similar to the drawn scenario.
We would be happy to hear your comments
We have bullish signals on higher time frames; Like the possibility of completing the bearish wedge pattern at the end of the downtrend, provided that the price range of $11.18 is maintained
But on the 30-minute time frame, we have a tight movement that can be from both the top and the bottom, and the probability of its exit is high. Provided that the range of $15.93 is maintained, there is a high possibility of forming a downward trend in lower time frames, similar to the drawn scenario.
We would be happy to hear your comments
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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.