The sell setup is strengthened by the presence of key resistance levels near the current price. The Moving Average Crossover strategy, combined with resistance at --
103,261.17-- and support at ∗∗ 103,261.17∗∗and support at ∗∗100,000.00 and $97,138.27, provides a clear framework for executing the trade. Traders should monitor volume and price action around these levels to confirm the bearish trend and manage risk effectively.
103,261.17-- and support at ∗∗ 103,261.17∗∗and support at ∗∗100,000.00 and $97,138.27, provides a clear framework for executing the trade. Traders should monitor volume and price action around these levels to confirm the bearish trend and manage risk effectively.
Trade active
Move Stop loss to BreakevenTrade closed manually
Note
TP hit
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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.